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News • 11 months ago

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

www.usatoday.com

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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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@Cosmicomical
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6•11 months ago
Even if that was the end result, still better than now as it would be a planned expense rather than an additional weight on people in financial trouble

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