Marifiel Gonzalez

Marifiel Gonzalez

Latham & Watkins LLP

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CFPB Set to Limit Credit Card Late Fees

The move becomes effective on October 1, 2023, with the Supreme Court soon to decide on the agency’s rule-writing authority. On February 1, 2023, the Consumer Financial Protection Bureau (CFPB) proposed a rule (the...more

8/28/2023  /  Banking Sector , Consumer Financial Protection Bureau (CFPB) , Credit Cards , Fees , Late Fees , Regulation Z , Regulatory Authority , Safe Harbors , Truth in Lending Act (TILA)
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