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 Central Banks Tread Cautiously in Final Stretch of Inflation Battle READ MORE Precious Metals READ MORE Hedge Fund That’s Up 227% Makes Bet on Gold READ MORE The Office Meltdown Will Result in $1 Trillion of Losses, Says Real Estate Billionaire READ MORE The Great Cash-Out: Billionaires Have Sold a Combined $11 Billion in Company Stock This Month READ MORE Add a Comment Cancel replyYour email address will not be published.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