View all text of Part C [§ 1661 - § 1665e]
§ 1665d. Reasonable penalty fees on open end consumer credit plans
(a) In general
(b) Rulemaking required
(c) Considerations
(1) the cost incurred by the creditor from such omission or violation;
(2) the deterrence of such omission or violation by the cardholder;
(3) the conduct of the cardholder; and
(4) such other factors as the Bureau may deem necessary or appropriate.
(d) Differentiation permitted
(e) Safe harbor rule authorized
(Pub. L. 90–321, title I, § 149, as added Pub. L. 111–24, title I, § 102(b)(1), May 22, 2009, 123 Stat. 1740; amended Pub. L. 111–203, title X, § 1100A(2), July 21, 2010, 124 Stat. 2107.)