Credit Card Advertising-Penalty Fees

Posted By: Likes to Comply

Credit Card Advertising-Penalty Fees - 11/20/18 01:09 PM

I just want to confirm that the penalty fees such as a late payment fee and returned payment fee are not required to be disclosed in a credit card ad with trigger terms since those fees are not finance charges...

Is that correct?

Thanks in advance.
Posted By: Gotwood

Re: Credit Card Advertising-Penalty Fees - 11/20/18 07:39 PM

You are correct.