Billions are on the line for lenders as White House finalizes credit card late fee cap
www.cnbc.com
The Consumer Financial Protection Bureau is facing banks, credit unions and credit card companies in its push to limit late fees.
  • @ohlaph
    34•1 year ago

    The banks won’t take a billions hit, they will simply start charging for something else.

    • Billiam
      16•1 year ago

      It’s not a “late fee”, it’s a “past due convenience charge”!