High-Cost Credit

Credit Cards

NCLC fought for the 2009 Credit CARD Act that eliminated a host of abuses by credit card companies. We continue to push to make credit cards safer so that consumers do not rack up unmanageable debt or suffer from hidden or unfair fees or interest charges.

Health Care Plastic: The Risks of Medical Credit Cards

April 27, 2023

Many consumers charge medical bills to credit cards. This report discusses these medical credit cards in depth.

Read More about: Health Care Plastic: The Risks of Medical Credit Cards
June 29, 2026
December 16, 2015

Recent

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Top 10 Reasons Why Recent Trump Administration Efforts to Debank Immigrants Are a Bad Idea

July 24, 2026

What States Can Do: Medical Credit Cards and Other Medical Lending Products

June 29, 2026

Written Testimony in Support of Connecticut HB 5127

February 24, 2026

Selected Resources About Medical Lending Products

February 25, 2025

NCLC Comments Supporting CFPB Proposal to Ban Medical Debt From Credit Reports

August 12, 2024

American Banker: Was the CFPB really manipulating data about credit cards?

May 29, 2024

Detroit Free Press: Much-talked-about $8 late fee on credit cards hits roadblock: What’s ahead

May 14, 2024

Synchrony’s Planned Rate Hike Unjustified, Advocates Say

April 25, 2024

CFPB Rule Prohibiting Excessive Credit Card Late Charges Will Save Consumers Billions in Junk Fees

March 5, 2024

Comments & Letters

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NCLC Comments Supporting CFPB Proposal to Ban Medical Debt From Credit Reports

August 12, 2024

Letter to President Biden and CFPB Supporting Lower Credit Card Late Fees

November 28, 2023

Comments in Response to CFPB, HHS, and Treasury Request for Information Regarding Medical Payment Products

September 11, 2023

Consumer Group Comments Supporting CFPB Proposal for $8 Credit Card Late Fees

May 3, 2023

NCLC-CFA Comments in Response to CFPB Request for Information Regarding the Consumer Credit Card Market

April 24, 2023

Group Comments to CFPB’s Advanced Notice of Proposed Rulemaking on Credit Card Late Fees

August 1, 2022

Comments to CFPB Regarding 10-Year Regulatory Flexibility Act Review and Biannual Credit CARD Act Market Review

October 27, 2020

Letter to CFPB Regarding 2009 CARD Act

May 1, 2019

Comments to CFPB in Response to Request for Information Regarding the Consumer Credit Card Market

May 1, 2019

Reports

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Health Care Plastic: The Risks of Medical Credit Cards

April 27, 2023

Deceptive Bargain: The Hidden Time Bomb of Deferred Interest Credit Cards

December 16, 2015

Beyond the Credit CARD Act: Features of a Safer Credit Card

November 1, 2010

Fee-Harvesters: Low-Credit, High-Cost Cards Bleed Consumers

November 1, 2007

Issue Briefs

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Top 10 Reasons Why Recent Trump Administration Efforts to Debank Immigrants Are a Bad Idea

July 24, 2026

What States Can Do: Medical Credit Cards and Other Medical Lending Products

June 29, 2026

Selected Resources About Medical Lending Products

February 25, 2025

Pandemic Lawsuits in California: Credit Card Issuers & Debt Buyers Top Litigants in 2021

July 15, 2022

Federal Ability-To-Repay Requirements for Small Dollar Loans

November 1, 2021

Consumer Concerns: Information for Advocates Representing Older Adults

December 17, 2014

Testimony

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Written Testimony in Support of Connecticut HB 5127

February 24, 2026

Testimony Responding to the Proposed Amendments to the Massachusetts Rules of Civil Procedure Regarding Credit Card Debts

February 20, 2017

Press Releases & News

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American Banker: Was the CFPB really manipulating data about credit cards?

May 29, 2024

Detroit Free Press: Much-talked-about $8 late fee on credit cards hits roadblock: What’s ahead

May 14, 2024

Synchrony’s Planned Rate Hike Unjustified, Advocates Say

April 25, 2024

CFPB Rule Prohibiting Excessive Credit Card Late Charges Will Save Consumers Billions in Junk Fees

March 5, 2024

USA Today: Interest rates on some retail credit cards climb to record 33%. Can they even do that?

November 1, 2023

Bloomberg Law: Banks Warn CFPB to Back Off on Scrutiny of Medical Credit Cards

September 18, 2023

The New York Times: More Options to Pay for Medical Care, but Some May Be Costly

May 12, 2023

Digital Library: 28 Consumer Rights to Request Information, Company Record Retention Requirements

May 8, 2023

Consumer Bureau Proposes $8 ‘Safe Harbor’ on Credit Card Late Fees

May 3, 2023

Resources for Consumers

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Your Credit Card Rights

August 9, 2016

Protections for Debit Card and Electronic Transactions

December 15, 2014

From the NCLC Digital Library

Truth in Lending

NCLC’s Truth in Lending Act treatise is the essential litigation tool for mortgages, car loans, credit cards, leases, and any other type of credit.

Read Chapter One