Credit cards have long been a powerful tool for retailers, like Macy’s and Kohl’s, to drive purchases and take a cut of the profits. Starting this spring, these cards will be less lucrative for retailers and more beneficial for consumers. The Consumer Financial Protection Bureau has capped late fees at $8, below the industry average … Read more
We have passed March and now it is our turn to face the fourth month of the year, where we have the first payment of contributions. Many will also begin receiving their tax refunds. To better cover our expenses, we share our guide to campaigns and benefits for purchases in interest-free installments with credit cards … Read more
Credit card late fees could be lowered by Biden ‘strike force’ Credit Card Late Fees Could be Lowered by Biden ‘Strike Force’ What did the settlement say? Visa and Mastercard have agreed to a settlement with U.S. merchants that promises to lower the fees stores have to pay to process credit card payments. As part … Read more
Texas Federal Judge Accuses Banking Industry Groups of Venue Shopping Texas Federal Judge Suspects Venue Shopping in Lawsuit Against CFPB In a significant development, a Texas federal judge has accused major banking industry groups and the U.S. Chamber of Commerce of engaging in venue shopping in their lawsuit against the Consumer Financial Protection Bureau (CFPB). … Read more
In the United States, more than 45 million people are charged a late fee on their credit card payments. This was confirmed by the Consumer Financial Protection Bureau (CFPB), who noted that debts exceeded the record figure of one trillion dollars. In this sense, the Biden Administration has approved new regulations to establish a limit … Read more
From this Tuesday two will begin to govern fundamental changes in payments with credit, debit and prepaid cards: on the one hand, It will no longer be necessary to present ID or other document to prove identity; and also lPlastics can only be handled by the client, never by employees.. In the case of a … Read more
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Arelia Luna Updated 03/09/2024, 07:03 a.m. m. Willy Paúl Flores Chepe and Marco Antonio Ramos Chepe were recently arrested for being alleged perpetrators of the assault on lawyer Charlie Acosta Beteta that occurred on March 1 of this year. The arrest of those involved in the assault was due to a preliminary order issued by … Read more
Generation X Leads Americans in Credit Card Debt; Other Generations Ranked According to a recent report, Generation X holds the highest credit card debt among Americans, while other generations fare better in debt management. The findings shed light on the financial situation across different age groups, highlighting the importance of addressing the debt crisis. Let’s … Read more
The Board of Directors and the block heads managed to define the topics that will be discussed during the plenary sessions this week, where the credit card law and the election of Substitute Magistrates of the TSE stand out again. Through the Instance Session of Block Heads, the topics and bills that will be discussed … Read more
Weekend A new law went into effect in New York requiring companies to inform customers about credit card surcharges that will cost them more money. Since Sunday, Businesses must report the full cost of goods or services with a credit cardincluding surcharges, before customers make the respective payment. Cashiers or owners must show the customer … Read more