Fed Limits Card Fees to $25
Most credit card penalties will be limited to $25, and fees for customers who don't use their cards will be eliminated under rules released last week by the Federal Reserve. These rules, which implement a final set of changes that Congress passed in May 2009, take effect August 22. To read more details on the new rules click here.
Are
creditors harassing you over a fee that wasn’t your fault?
Contact us online or call The Law Offices of Jacoby & Jacoby at 631-289-4600 to schedule a FREE consultation so we can assist you in this situation.