News@lemmy.world • 4 months ago

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

www.usatoday.com

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876

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

www.usatoday.com

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News@lemmy.world • 4 months ago

123

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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40•4 months ago
Watch the credit card companies switch to charging late fees per day instead of per month that you’re late.

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