Trade Groups Sue to Block Credit Card Late Fee Limit

Banking groups and Texas business associations asked a federal court to abolish a new federal rule that would cap most late fees at $8.

​Read More Consumer Financial Protection Bureau, Suits and Litigation (Civil), Credit Cards, Regulation and Deregulation of Industry, Banking and Financial Institutions, Consumer Protection, American Bankers Assn, United States Chamber of Commerce, Consumer Bankers Association, Texas