The Biden administration's new rule will cap credit card late fees at $8. It's the latest White House effort to crack down on ...
The Biden administration aims to crack down on credit card late fees with a proposed rule capping fees at $8, potentially ...
Consumers need to watch their credit card statements for notices in 2024, as credit card issuers attempt to combat an $8 cap on late fees.
Rules announced Wednesday will also require faster refunds. Airlines say such requirements are onerous and unnecessary.