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News@lemmy.world • 1 year ago

Billions are on the line for lenders as White House finalizes credit card late fee cap of $8

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Billions are on the line for lenders as White House finalizes credit card late fee cap of $8

@return2ozma@lemmy.world to

News@lemmy.world • 1 year ago

Billions are on the line for lenders as White House finalizes credit card late fee cap

The Consumer Financial Protection Bureau is facing banks, credit unions and credit card companies in its push to limit late fees.

Chat

Billiam
link
fedilink
16•1 year ago
It’s not a “late fee”, it’s a “past due convenience charge”!
- @einlander@lemmy.world
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  fedilink
  12•1 year ago
  An account restoration fee.

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