Major Win for Consumers: Credit Card Late Fees Reduced by CFPB Ruling Under new regulations introduced by the Joe Biden administration, millions of Americans will see a reduction in credit card fees. The White House announced that the Consumer Financial Protection Bureau (CFPB) has completed a ruling that significantly lowers the standard credit card late fee from an average of $32 down to $8. This move aims to alleviate the financial burden on consumers and marks a substantial shift in credit card fee policies. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts US Treasury Yields Stabilize as Middle East Tensions Ease READ MORE Nearly One-Third of American Families 'One Crisis Away' from Poverty READ MORE Gold Prices Surge on Geopolitical Tensions, Then Dip After Fed Comments READ MORE Gold Prices Soar to Unprecedented Heights Amid Anticipation of Fed Rate Cuts READ MORE Global Markets Plunge as Economic Fear Sparks Worldwide Stock Market Rout READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment