The Biden Administration’s decisive action to cap credit card late fees at $8 represents a pivotal shift towards enhancing consumer financial protection and fostering a fairer credit market.
'Fees can be like whack-a-mole,' analyst says. 'One goes down, another comes up.' Some of the biggest clothing and department-store chains rely on their own private-label credit cards to cushion ...
T he Biden administration announced a rule Tuesday to cap all credit card late fees, the latest effort in the White ...
President Joe Biden's crusade against so-called "junk fees" is on its way to college campuses, and some of the pushback is fierce. Some university leaders say a planned change to an Obama-era ...
The new rules make it easy to get money back for cancelled or delayed flights, significantly delayed checked bags and ...
WASHINGTON (AP) -- The Biden administration announced a rule Tuesday to cap all credit card late fees, the latest effort in the White House push to end what it has called junk fees and a move ...
(The Hill) — The Consumer Financial Protection Bureau (CFPB) finalized a rule Tuesday to limit late payment fees issued by credit card companies, a move the agency says will reduce the typical ...
Some of the biggest clothing and department-store chains rely on their own private-label credit cards to cushion their bottom lines. Those cards, often laden with incentives, keep shoppers coming ...
Federal regulators finalized a rule on Tuesday to cap most credit card late fees at $8 as part of a broader push by the Biden administration to eliminate junk fees. The Consumer Financial ...