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  2. Judge blocks Biden administration rule capping credit card ...

    www.aol.com/judge-blocks-biden-administration...

    The new rule would apply to large credit card issuers — those with more than 1 million accounts. These companies represent more than 95% of total outstanding credit card debt, according to the CFPB.

  3. Fair and Accurate Credit Transactions Act - Wikipedia

    en.wikipedia.org/wiki/Fair_and_Accurate_Credit...

    The Fair and Accurate Credit Transactions Act of 2003 ( FACT Act or FACTA, Pub. L. 108–159 (text) (PDF)) is a U.S. federal law, passed by the United States Congress on November 22, 2003, [ 1] and signed by President George W. Bush on December 4, 2003, [ 2] as an amendment to the Fair Credit Reporting Act. The act allows consumers to request ...

  4. Credit CARD Act of 2009 - Wikipedia

    en.wikipedia.org/wiki/Credit_CARD_Act_of_2009

    The Consumer Financial Protection Bureau in its October 2013 report on the CARD Act found that between the first quarter of 2009 and December 2012, credit card interest rates increased on average from 16.2% to 18.5%, while the “total cost of credit,” that is, the total of all fees and interest paid by all consumers as a percentage of the ...

  5. Ticket resale - Wikipedia

    en.wikipedia.org/wiki/Ticket_resale

    Ticket resale is common in both sporting and musical events . Ticket resale is a form of arbitrage that arises when the number demanded at the sale price exceeds the number supplied (that is, when event organizers charge less than the equilibrium prices for the tickets). During the 19th century, the term scalper was applied to railroad ticket ...

  6. Regulator would cap credit card late fees at $8, part of ...

    www.aol.com/news/regulator-proposes-capping...

    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 ...

  7. The finalized regulation, which the Consumer Financial Protection Bureau (CFPB) first proposed last year, will cap most credit card late fees at $8, down from the current average of $32.

  8. Payment card interchange fee and merchant discount antitrust ...

    en.wikipedia.org/wiki/Payment_Card_Interchange...

    The payment card interchange fee and merchant discount antitrust litigation is a United States class-action lawsuit filed in 2005 by merchants and trade associations against Visa, Mastercard, and numerous financial institutions that issue payment cards. The suit was filed because of price fixing and other allegedly anti-competitive trade ...

  9. Biden administration to limit credit card late fees in move ...

    www.aol.com/news/biden-administration-limit...

    The Biden administration on Tuesday unveiled its latest measures to combat rising consumer costs and charges known as junk fees, including an interagency effort to crack down on inflated prices ...