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Biden administration unveils new rule to cap credit card late fees at $8
The Consumer Financial Protection Bureau announced on Tuesday a new rule to force most banks to cap credit card late fees at $8. The CFPB, which under President Joe Biden has also gone after “junk” ... Read More
Biden administration finalizes rule cutting credit card late fees
WASHINGTON -- The Consumer Financial Protection Bureau finalized a rule Tuesday that will cut the typical credit card late fee to $8 from $32. The financial regulator estimates the move will save ... Read More
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