The CFPB also made it clear that this rule doesn't change issuers' ability to raise interest rates, reduce credit lines or take other actions to deter late payments. Several cards have done away ...

said they welcomed the court’s decision eliminating the cap. The groups said that the rule would have led to higher interest ...

A federal court judge in Texas scrapped a Consumer Financial Protection Bureau (CFPB) rule that would have limited “excessive ...

said they welcomed the court's decision eliminating the cap. The groups said that the rule would have led to higher interest rates and reduced credit access for card holders. The groups also said ...