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Tag Archives: Fees

Lawyers wary of charging ‘swipe fees’

In the wake of a proposed settlement between credit card-issuers Visa and MasterCard and merchants that would allow vendors to pass along “swipe fees” to their customers, lawyers who accept credit card payments are grappling with the issue of whether such up-charges are a good practice.

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Colleges’ bank deals saddle students with big fees

WASHINGTON — A public interest group says as many as 900 colleges are pushing students into using payment cards that carry hefty costs, sometimes even to access students’ financial aid money. The U.S. Public Interest Research Group Higher Education Fund ...

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Senator asks airlines to drop seat fee for kids

NEW YORK — Sen. Charles Schumer is urging airlines to allow families with young children to sit together without paying extra. The New York Democrat is reacting to an Associated Press story last week detailing how families this summer are ...

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Consumer watchdog weighs limits to mortgage fees

WASHINGTON — The government’s consumer-finance watchdog is weighing an overhaul of the fees consumers pay to obtain mortgages. The Consumer Financial Protection Bureau said Wednesday that it might ban origination fees that vary with the size of the loan, known ...

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Consumer agency softens credit card fee limit

WASHINGTON — The Obama administration’s consumer financial watchdog agency is backing off a plan to limit big upfront fees on credit cards. The Consumer Financial Protection Bureau acknowledged Thursday that its proposal would increase costs for cardholders and allow banks ...

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