CFPB’s Chopra taking aim at $130 billion in credit card interest, fees Americans paid last year

CFPB’s Chopra taking aim at $130 billion in credit card interest, fees Americans paid last year

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Americans are ramping up their holiday spending and are increasingly turning to credit cards as a means of payment. Rohit Chopra, director of the Consumer Financial Protection Bureau, said Wednesday that total outstanding credit card debt last year rose above $1 trillion for the first time, and…

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