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First Premier Bank et al v. Board of Govenors of the Federal Reserve System et al
Case Number:
4:11-cv-04103
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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April 11, 2012
CFPB May Lighten Up On Credit Card Fee Restriction
The Consumer Financial Protection Bureau on Wednesday proposed removing a Truth in Lending Act provision that limits the fees credit card issuers can charge prior to an account opening, in response to a federal judge's finding that the regulation exceeds the agency's authority.
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September 27, 2011
Judge Delays Credit Card Up-Front Fee Rule Change
A South Dakota federal judge on Friday granted First Premier Bank's bid to halt the Saturday effective date of a new rule that would restrict the up-front fees credit card companies could charge cardholders before opening their accounts.