Buttressing its controversial credit-card late-fee proposal (see FSM Report CREDITCARD36), the CFPB today issued a report finding that the 25 largest credit card issuers charged interest rates eight to ten percentage points higher than small-and-medium-sized banks and credit unions. The report states that higher rates among large issuers persist across credit scores, with large issuers also more likely to charge annual fees.  The report also identifies by name fifteen issuers who reported cards with interest rates above thirty percent.  The data come from the first set of results from the updated Terms of Credit Card Plans survey.  In a statement alongside the report, Director Chopra stated that the CFPB will be “accelerating its efforts to ensure that consumers can access better rates that can save families billions of dollars per year.”  No specific initiatives are named.