Smiley v. Citibank (S.D.)

This court decision lead to credit card companies increasing fees. This has resulted in a doubling of revenue generated from fees. According to Wikipedia: Smiley v. Citibank, (517 U.S. 735), is a 1996 U.S. Supreme Court decision upholding a regulation of the Comptroller of Currency which included credit card late fees and other penalties within [...]

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