Bill
A 7075
Provides that any charges assessed by a credit card company for late payment shall not exceed five percent of the unpaid balance of any bill or twenty dollars
2025 Regular Session
Introduced by Rodneyse Bichotte Hermelyn and 2 co-sponsors
Bill A 7075 caps credit card late fees at 5% of the unpaid balance or $20, protecting consumers from excessive charges and easing financial strain.
REFERRED TO CONSUMER AFFAIRS AND PROTECTION