Louisiana Enacts Debit Card Surcharge Prohibition - Consumer Financial Services Law Monitor
Louisiana has enacted a law prohibiting surcharges on debit card transactions, effective August 1, 2024. This impacts debt collectors who accept debit card payments, as they can no longer pass on processing fees to consumers.
Aforeworn detected this change in the Debt Collection (FDCPA / State) space on July 6, 2026 and published this briefing so affected operators are forewarned rather than caught off guard. It is rated High urgency. Collection agencies, debt buyers, collection law firms, and creditor first-parties operating in Louisiana or collecting from Louisiana residents. should confirm how it applies to their specific situation before acting. There is a time constraint attached: August 1, 2024. Acting after that point can mean penalties, a lapsed licence, or lost eligibility — exactly the kind of surprise Aforeworn exists to prevent. Aforeworn monitors Debt Collection (FDCPA / State) continuously and turns every detected change into a plain-English briefing like this one, so you always know first. Forewarned is forearmed.
What changed
Louisiana law now prohibits any surcharge on debit card transactions, meaning debt collectors cannot add a convenience fee or processing fee when consumers pay by debit card.
Who it affects
Collection agencies, debt buyers, collection law firms, and creditor first-parties operating in Louisiana or collecting from Louisiana residents.
What you must do
Update payment processing systems and policies to remove any debit card surcharges for Louisiana consumers. Ensure compliance by August 1, 2024.
Deadline
August 1, 2024
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