What This Means in Practice:

- Credit card late fees may no longer be capped as strictly** as the CFPB’s 2024 rule required.

- Banks and credit card issuers could now charge higher penalty fees (though they must still be "reasonable and proportional").

OG post: https://journa.host/@chrisgeidner/114344153437295044 https://cdn.nostrcheck.me/7df42aa73a08b5d684c578607de2650ea746e1aa22acf6fe74ceafbe86df934e/0aef44a3f793525f17725c5544a0f581a71698234631777c5e6562a84f45d615.webp