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Biden administration says it will cap credit card late fees at $8
NBC News Clone summarizes the latest on: Mmvo205570629672 - Breaking News | NBC News Clone. This article is rewritten and presented in a simplified tone for a better reader experience.
The Consumer Financial Protection Bureau is capping credit card late fees at $8 in cost-cutting move that will save consumers $10 billion. Editor-in-Chief at Investopedia Caleb Silver explains what this means for consumers having to make late credit card payments.
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