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890 Credit card late fees capped at $8 as part of Biden administration’s crackdown on junk fees

Silicon Valley
Cnn Com Wire Service @ Silicon Valley · 03/05/2024 10:12 EDT

Credit card late fees capped at $8 as part of Biden administration’s crackdown on junk fees

More than 45 million people are charged late fees on credit cards each year. Those individuals will now save an average of $220 per year.

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