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News • 11 months ago

Credit card late fees capped at $8 under Biden crackdown on 'junk fees'

www.usatoday.com

876

Credit card late fees capped at $8 under Biden crackdown on 'junk fees'

www.usatoday.com

@return2ozma to

News • 11 months ago

The Biden administration finalized a rule Tuesday that will close a loophole to slash fees charged by companies from an average of $32 to $8.

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@ripcord
link
3•11 months ago
Those are weird numbers to pull out of the air based on what you replied to.
- @iopq
  link
  0•11 months ago
  5% is the interest rate right now, so it’s not out of the air

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