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 Green Bonds Gleam with Promise as Interest Rates Set to Tumble READ MORE Lingering Effects from Past Economic Shocks Continue to Drive Inflation in 2024 READ MORE Why Have Central Banks Been on a Gold-Buying Spree? READ MORE Yen keeps markets on edge, data points to BOJ intervention READ MORE First ever filming of Singapore’s Gold Reserves in Super-Secret Gold Vault READ MORE Add a Comment Cancel replyYour email address will not be published.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