Biden Administration's Proposal to Cap Credit Card Late Fees at $8
Tuesday, 5 March 2024, 21:04
Biden Administration's Proposal to Cap Credit Card Late Fees at $8
President Joe Biden is highlighting a proposal to cap all credit card late fees at $8. It's the latest effort in the White House push to end what it has called junk fees and a move that regulators say will save Americans up to $10 billion a year.
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