Weather Alert

High Impact Heavy to Major Snow Storm Late Tonight Through Monday

A fine light snow will break out between 8pm and 10pm this evening becoming steadier and heavier especially after 2-3am on Monday.  Up to 6" of snow is likely in many areas by 7-8am Monday. Snowfall rates at times of 1"-2"/Hr are likely from Monday morning through the early afternoon with snow becoming lighter later in the day, ending between 8pm and 10pm Monday night. A combination of the cold, heavy snow, and greatly reduced visibility at times will create particularly dangerous travel conditions, especially Monday morning. Storm total snowfall is expected to range from 8"-14" with pockets of 14"+ by Monday evening.

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New Credit Card Fees

Updated: Friday, August 2 2013, 10:17 PM EDT

Credit card holders could soon be paying higher fees, if the newly-formed Consumer Financial Protection Bureau gets its way.
        
Dori Marlin reports, The Bottom Line is that the agency wants to relax a current cap on card fees. That means card holders would pay more, so the banks could make more money.

Card issuers wouldn't be able to charge more than 25% of someone's credit limit in the first year of their account, but under the new proposal there would be no limit on application fees, annual fees, or up-front charges.

The CFPB is accepting public comment on the proposal until June, before it can get approved.

New Credit Card Fees


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