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News@lemmy.world · 10 months ago

Credit card late fees capped at $8 under Biden crackdown on 'junk fees'

www.usatoday.com

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Credit card late fees capped at $8 under Biden crackdown on 'junk fees'

www.usatoday.com

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News@lemmy.world · 10 months ago

The Biden administration finalized a rule Tuesday that will close a loophole to slash fees charged by companies from an average of $32 to $8.

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10 months ago
then why have any consumer protections? and why have a minimum wage?

They are just going to make up for it with higher prices right? Let’s make min wage $1 so we can all enjoy low prices. right?

You are playing into their hands

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