Trump-appointed Judge blocks Biden administration rule capping credit card late fees at $8. The rule, which was set to go into effect Tuesday, would save consumers about $10 billion per year by cutting fees from an average of $32, the CFPB estimated.

Trump-appointed Judge blocks Biden administration rule capping credit card late fees at $8. The rule, which was set to go into effect Tuesday, would save consumers about $10 billion per year by cutting fees from an average of $32, the CFPB estimated.

https://www.cnn.com/2024/05/11/business/credit-card-late-fees-regulation-cfpb/index.html

by mafco