The rule capping credit card late fees at $8 is on hold — here’s what it means for you
May 13, 2024 Comments Off
The outcome preserves, at least for now, a key revenue stream for the U.S. card industry. The CFPB said the rule would’ve saved Americans $10 billion a year.
The rule capping credit card late fees at $8 is on hold — here’s what it means for you
The outcome preserves, at least for now, a key revenue stream for the U.S. card industry. The CFPB said the rule would’ve saved Americans $10 billion a year.
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