New Regulation Caps Credit score Card Late Charges At $8 – Forbes Advisor – Cyber Information

New Regulation Caps Credit score Card Late Charges At  – Forbes Advisor – Cyber Information

In a transfer that’s anticipated to save lots of People $10 billion yearly, the Shopper Finance Safety Bureau (CFPB) is capping bank card late charges at $8 per incidence. This represents roughly a 75% discount from the present common payment of $32 and can save American households who’ve missed cost deadlines, on common, about $220 … Read more

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