![](https://i0.wp.com/www.regreport.info/wp-content/uploads/2017/12/credit_card.png?resize=300%2C121&ssl=1)
Bureau cuts penalty, additional late fees for large credit card issuers; smaller issuers get more room
“Large card issuers” are now subject to a much lower safe harbor amount for penalty fees and restrictions on fees for subsequent violations to ensure that late fees they charge are “reasonable and proportional” as […]