Major Win for Consumers: Credit Card Late Fees Reduced by CFPB Ruling Under new regulations introduced by the Joe Biden administration, millions of Americans will see a reduction in credit card fees. The White House announced that the Consumer Financial Protection Bureau (CFPB) has completed a ruling that significantly lowers the standard credit card late fee from an average of $32 down to $8. This move aims to alleviate the financial burden on consumers and marks a substantial shift in credit card fee policies. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts The Fight Against Counterfeit Dollars: What You Need toKnow READ MORE Banks Under Pressure: Rising Concerns Over Commercial Real Estate Exposures READ MORE Larry Fink joins Jamie Dimon and Jerome Powell is sounding the alarm on ‘snowballing’ national debt: ‘The situation is more urgent than I can ever remember’ READ MORE Inflation comes in hotter than expected in March READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
