Appearing in The New York Times on March 5, 2024, Stacey Cowley interviewed NCLC Associate Director Lauren Saunders for coverage of the CFPB’s rule to limit credit card late fees.
Consumer advocates cheered the change. The consumer bureau “showed its math” in laying out how it calculated the $8 fee limit, said Lauren Saunders, associate director of the National Consumer Law Center. “That’s how good, data-driven regulation is done.”
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