The Biden administration cuts credit-card late fees to $8 - News & Politics (Non-Israel/Palestinian) - RealJock

The Biden administration cuts credit-card late fees to $8

News & Politics (Non-Israel/Palestinian)

The Biden administration cuts credit-card late fees to $8

Posted by metta on March 5, 2024 at 11:07 pm

The Biden administration cuts credit-card late fees to $8 — from an average of $32. ‘This should not be a profit center for banks.’

https://www.marketwatch.com/story/regulators-are-slashing-credit-card-late-fees-when-will-customers-see-the-charges-shrink-6ed78f28

marketwatch.com
The Biden administration cuts credit-card late fees to $8 — from an average of $32. ‘This should not be a profit center for banks.’
The U.S. Chamber of Commerce says capping late fees ‘punishes Americans who pay their credit-card bill on time’

Strayan replied 1 month, 3 weeks ago 2 Members · 1 Reply
1 Reply

Strayan

Member
March 9, 2024 at 3:50 am

To little, way to late.

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