@return2ozma to News • 11 months agoCredit card late fees capped at $8 under Biden crackdown on 'junk fees'www.usatoday.comexternal-linkmessage-square123arrow-up1889arrow-down113
arrow-up1876arrow-down1external-linkCredit card late fees capped at $8 under Biden crackdown on 'junk fees'www.usatoday.com@return2ozma to News • 11 months agomessage-square123
minus-square@iopqlink-6•11 months agoSure, if it’s annual 1000% that’s bullshit and predatory. But let’s not go overboard and cap it at at 5% because interest rates fluctuate and some people won’t get credit unless the rate is a bit higher
minus-square@ripcordlink3•11 months agoThose are weird numbers to pull out of the air based on what you replied to.
Sure, if it’s annual 1000% that’s bullshit and predatory. But let’s not go overboard and cap it at at 5% because interest rates fluctuate and some people won’t get credit unless the rate is a bit higher
Those are weird numbers to pull out of the air based on what you replied to.
5% is the interest rate right now, so it’s not out of the air