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The rule capping credit card late fees at $8 is on hold — here’s what it means for you
Finance

The rule capping credit card late fees at $8 is on hold — here’s what it means for you

May 10, 2024 admin-dominor

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The outcome preserves, at least for now, a key revenue stream for the U.S. card industry. The CFPB said the rule would've saved Americans $10 billion a year.

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