President Biden has put exorbitant credit card late fees in his administration’s regulatory crosshairs. On Wednesday, the administration announced the proposal of a new rule to cap those fees at $8, ...

The federal government has proposed a rule that would limit the fees that credit card holders owe when they are late paying a monthly bill to $8. Late fees cost American cardholders about $12 billion ...

Federal regulators finalized a rule on Tuesday to cap most credit card late fees at $8 as part of a broader push by the Biden administration to eliminate junk fees.The Consumer Financial Protection ...

Oddly enough, getting socked with a late fee of up to $41 isn't all that unusual any more for consumers who are juggling their credit card bills. The days of getting dinged by a $25 late fee on credit ...

A Texas judge earlier this month threw out a federal rule that would have capped credit card late fees at $8. The Consumer Finance Protection Bureau finalized the rule last year as part of the Biden ...

Bank overdraft fees, pricey penalties charged to customers who overdraw their accounts, face a cap under new rules released ...

Only about half of all renters who get behind on their rental payments catch up in the following month, according to new research by the Consumer Financial Protection Bureau. Worse, the new research ...

A new $8 cap on credit card late fees is touted as helping more than 45 million credit card holders save an average of $220 a year. But will it really? Reviews are mixed for the Consumer Financial ...

Credit cards can quickly go from being convenient to costly if you don’t pay what you owe on time. On top of the record-high interest rates you’re already subject to, which quickly increase the ...

WASHINGTON ― Most credit card late fees will be capped at $8 under the Biden administration's latest move targeting so-called "junk fees." The Consumer Financial Protection Bureau finalized a rule − ...