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Rain and T'Storms Expected to Expand in Coverage After 8-9pm

Severe T'Storm Watch until 10pm for Otsego and Delaware counties for the potential for damaging wind gusts with any thunderstorms, otherwise rain and thunderstorms over western New York will move east into eastern New York and western New England between 8-9pm through midnight to 2am.  Locally heavy rain and brief gusty wind will be possible in any of the stronger rain/t'storm elements within a broader area of rainfall.  A general weakening mode with the rain is likely to develop after 9-10pm due to loss of daytime heating.

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New Credit Card Fees

Updated: Friday, August 2 2013, 09:17 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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