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We're the Consumer Financial Protection Bureau (CFPB), a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly.

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Why did my credit card issuer increase my late payment fee?


The first time you are late, the credit card company can charge you a fee of up to $28.

If you are late a second time within the next six billing cycles (typically a billing cycle is a month), the card company generally can charge you up to $39. However, the late fee can never be more than the minimum amount due.

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The content on this page provides general consumer information. It is not legal advice or regulatory guidance. The CFPB updates this information periodically. This information may include links or references to third-party resources or content. We do not endorse the third-party or guarantee the accuracy of this third-party information. There may be other resources that also serve your needs.