Credit card late fees capped at $8 per month in new U.S. rules
Written by Black Hot Fire Network on March 5, 2024
The U.S. government on Tuesday announced it would sharply limit the fees that credit card companies can charge customers who fall behind on their bills, aiming to cap the penalties at $8 in a move that is expected to draw fierce resistance from financial giants.
The rules arrive as part of a . . .
