Yeh, but the late fees are good for people. Free market and free market. Drain the swamp etc. Just pay your debt on time. Or something, both side the same, yada yada.
A great example of the current presidency trying to do something good for a lot of people.
The m9st fucked up thing of all is that he first tried to not make a ruling at all, stating that it should be ruled at Washington DC because there weren't a ton of banks out of Texas. But they kicked it back to him and forced him to make a ruling on it.