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 McDonald’s $5 Meal Deal Highlights Inflation Battle READ MORE What’s Driving Gold to All-Time Highs? READ MORE U.S. Deficit Skyrockets in December: A 52% Surge to $129 Billion READ MORE Sticker Shock: Buying a Car in the US is More Expensive Than Ever READ MORE US-Led Rising Debt Across G-7 Stokes S&P and Scope Concerns READ MORE Add a Comment Cancel replyYour email address will not be published.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