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News@lemmy.world · 7 months ago

Billions are on the line for lenders as White House finalizes credit card late fee cap of $8

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Billions are on the line for lenders as White House finalizes credit card late fee cap of $8

return2ozma@lemmy.world to

News@lemmy.world · 7 months ago

Billions are on the line for lenders as White House finalizes credit card late fee cap

The Consumer Financial Protection Bureau is facing banks, credit unions and credit card companies in its push to limit late fees.

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Potatos_are_not_friends@lemmy.world
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7 months ago
I got rid of my bank accounts after my direct deposit got messed up and they hit me with a “monthly maintenance fee” for being under their minimum.

Switched to a credit union super fast.
- Death_Equity@lemmy.world
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  I’ve been with a credit union for over a decade now, never looking back.

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