News@lemmy.world · 9 months ago

Credit card late fees capped at $8 under Biden crackdown on 'junk fees'

www.usatoday.com

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Credit card late fees capped at $8 under Biden crackdown on 'junk fees'

www.usatoday.com

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News@lemmy.world · 9 months ago

123

The Biden administration finalized a rule Tuesday that will close a loophole to slash fees charged by companies from an average of $32 to $8.

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Eatspancakes84@lemmy.world
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8 months ago
These systems can change as they have done everywhere except in the US. In most of Europe digital transfers are free and checks virtually nonexistent.

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