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2. New rule caps credit card late fees at $8. Here's how ... - AOL

   www.aol.com/rule-caps-credit-card-fees-072003810...

   Credit card late fees will now be capped at $8 thanks to a new rule instated by the Consumer Financial Protection Bureau (CFPB). Starting Tuesday, May 14, large card issuers can't charge you more ...

3. Will CFPB’s $8 cap on credit card late fees encourage late ...

   www.aol.com/finance/cfpb-8-cap-credit-card...

   On March 5, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule capping credit card late payment fees at $8 for the biggest card issuers after inviting public comment on the ...

4. Judge blocks Biden administration rule capping credit card ...

   www.aol.com/judge-blocks-biden-administration...

   A federal judge in Fort Worth, Texas, on Friday blocked a new Biden administration rule that would prohibit credit card companies from charging customers late fees higher than $8.

5. Credit card issuers push back on $8 late fee cap with new ...

   www.aol.com/credit-card-issuers-push-back...

   Consumers need to watch their credit card statements for notices in 2024, as credit card issuers attempt to combat an $8 cap on late fees.

6. Late fee - Wikipedia

   en.wikipedia.org/wiki/Late_fee

   A special use of the term "late fee" is postal surcharge once required by post offices to expedite delivery of a letter posted later than the normal pick-up time. For example, in Britain in 1856, a letter could be included in the night's mail for an extra pence if by 6:45 p.m. at the local office, for a tuppence by 7:15 p.m. at the Chief or ...

7. Biden Caps Credit Card Late Fees at $8: How This Helps Your ...

   www.aol.com/biden-caps-credit-card-fees...

   The Consumer Financial Protection Bureau (CFPB) finalized a rule to slash credit card late fees to $8, from the current average of $32 on March 5 as part of President Joe Biden's administration's...