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Biden administration plans to cap credit card late fees at $8
Posted
March 6, 2024
Views
842
Likes
15
Comments
6
Engagement
2.49%
March 6, 2024
842
15
6
2.49%
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0:44Now PlayingThe Biden administration is finalizing a new limit on how much credit card companies can charge in late fees, putting the cap at $8 — down from $32. The CFPB says it will help save the average American household $220.
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