Press Release
Rep. Zepnick calls for cap on Telco late fees
Rep. Josh Zepnick today called to restore the cap on late charges that may be charged to retail consumers of telecommunication services.
Milwaukee – Rep. Josh Zepnick today called to restore the cap on late charges that may be charged to retail consumers of telecommunication services: Landline, wireless, internet and cable television services. He has begun circulating a bill that repeals parts of 2011 Act 22. Currently, there is no cap on late fees, and consumers can be charged late fees amounting to the equivalent of a 200% APR. The change was made under the direction of Governor Scott Walker and Legislative Republicans in 2011.
“Over the past series of sessions, I’ve been one of the leading voices on the Energy and Utilities committee. I whole heartedly believe that late fees need to be capped at a reasonable price so fees do not gauge hardworking households for the simple mistake of a missed payment.”
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
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