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 U.S. Economy Triumphs: U.S. Growth During a Global Slowdown READ MORE US Debt and the Rising Specter of Bond Vigilantes: A Financial Stability Threat? READ MORE Gold’s Rally Leaves Some Market ExpertsBaffled READ MORE A New Buy Signal for Gold READ MORE Price Inflation Accelerates for Second Month as Biden Blames “Greed” READ MORE Add a Comment Cancel replyYour email address will not be published.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
