Adopts late fee safe harbor threshold of $8 for Larger Card Issuers and provides annual adjustments to reflect changes in the CPI do not apply to this $8 amount.| Consumer Financial Protection Bureau
The annual percentage rate (APR) margins, the amount of interest credit card issuers charge cardholders on top of benchmark rates, have reached an all-time high.| Consumer Financial Protection Bureau
Latest credit card data from the CFPB shows that the 25 largest financial institutions offered consumers higher interest rates than smaller banks and credit unions in first half of 2023.| Consumer Financial Protection Bureau
Find information and tools to submit a consumer complaint to the Consumer Financial Protection Bureau.| Consumer Financial Protection Bureau