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The Consumer Financial Protection Bureau's new regulations will set a ceiling of $8 for most credit card late fees or require banks to show why they should charge more than $8 for such a fee.
The Consumer Financial Protection Bureau (CFPB) finalized a rule to slash credit card late fees to $8, from the current average of $32 on March 5 as part of President Joe Biden's administration's...
However, a separate bill in Congress is taking aim at high swipe fees. The proposed Credit Card Competition Act, a bipartisan bill introduced last year by Sens. Dick Durbin (D-IL) and Roger ...
Interchange fees or "debit card swipe fees" are paid to banks by acquirers for the privilege of accepting payment cards. Merchants and card-issuing banks have long fought over these fees. Prior to the Durbin amendment, card swipe fees were previously unregulated and averaged about 44 cents per transaction. [3]
West Boca Raton is roughly considered to be the area west of the Florida's Turnpike between Delray Beach and the Broward County line. Some would also include the area between the Turnpike and Jog/Powerline Road or Military Trail, including Boca West, Boca Del Mar, and Boca Pointe, though large parts of that section have been annexed into municipal Boca Raton or are destined as "future ...
Congress Avenue is a 28.9-mile (46.51 km) long north–south arterial road serving central Palm Beach County, Florida.A 4.8-mile (7.72 km) section from Palm Springs to Palm Beach International Airport encompasses Florida State Road 807 (SR 807), while the remaining southern section is officially known––but seldom referred to––as County Road 807 (CR 807).
In testimony before the Senate, Consumer Financial Protection Bureau Director Rohit Chopra rejected arguments by banks that capping late fees would force them recover the lost revenue by charging ...
Boca Raton is a Tri-Rail commuter rail station in Boca Raton, Florida. The station is located at Yamato Road (SR 794) , just east of Congress Avenue (SR 807) and west of I-95 . Originally opened January 9, 1989, the station was moved and rebuilt following Hurricane Wilma , reopening to service November 4, 2005.