Free Republic 2nd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $79,880
98%  
Woo hoo!! And we're now over 98%!! Thank you all very much!! God bless.

Keyword: creditcardfees

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  • Judge tosses Biden-era credit card late fee rule

    04/16/2025 4:53:30 AM PDT · by CFW · 46 replies
    Fox News ^ | 4/16/25 | Daniella Genovese
    A federal judge threw out a U.S. Consumer Financial Protection Bureau (CFPB) rule Tuesday that capped all credit card late fees at $8. U.S. District Judge Mark Pittman of the U.S. District Court for the Northern District of Texas approved a joint motion from a coalition of six business and banking groups, including the American Bankers Association (ABA) and the CFPB to scrap the rule, which was established last year. The ABA and the U.S. Chamber of Commerce were among the plaintiffs that challenged the rule in U.S. District Court for Northern Texas, arguing the bureau exceeded its statutory authority....
  • Shops to start charging you for paying by credit card from tomorrow

    A new rule going into effect Sunday could cost you more when shopping with a credit card at some stores. Visa and Mastercard have agreed to let merchants add a service charge equal to the cost of processing a credit transaction to the bottom line. The cost of processing is usually 1.5 to 3 perc cent, and merchants are capped at a 4 per cent fee under the agreement. The rule change was made as part of settling an antitrust suit brought by retailers. Merchants will still not be allowed to add a surcharge to debit card transactions. However, few...