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Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.

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Credit card penalty fees proposal published

The CFPB announced on February 1 a proposed rule that would reduce the cap on late charges on credit card accounts to $8, eliminate the annual adjustment of that cap for inflation, and limit a late fee to 25 percent of the late required payment.

That proposal was finally published [88 FR 18906] in today's Federal Register with a comment period ending May 3, 2023.

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