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  2. Much-talked-about $8 late fee on credit cards hits roadblock ...

    www.aol.com/much-talked-8-fee-credit-110524245.html

    The card has a 0% introductory offer on eligible purchases for 12 months after opening the card. ... The PNC Cash Unlimited Visa has a penalty rate of 34.24% that may be applied to your account if ...

  3. Regulator would cap credit card late fees at $8, part of ...

    www.aol.com/news/regulator-proposes-capping...

    The rule would bring the average credit card late fee down from $32. ... The growth of the credit card industry is partly why Capital One announced it would buy Discover Financial last month for ...

  4. Biden administration slashes credit card late fees to $8 ...

    www.aol.com/finance/biden-administration-slashes...

    The Consumer Financial Protection Bureau finalized a rule limiting credit card late fees to $8. The move could save 45 million people an average $220 per year on late fees.

  5. Payment card interchange fee and merchant discount antitrust ...

    en.wikipedia.org/wiki/Payment_Card_Interchange...

    The settlement provides for the cash equivalent of a 10 basis-point reduction (0.1 percent) of swipe fees charged to merchants for a period of eight months. This eight-month period would probably begin in the middle of 2013. The total value of the settlement will be about $7.25 billion.

  6. Credit card interest - Wikipedia

    en.wikipedia.org/wiki/Credit_card_interest

    Interest rates vary widely. Some credit card loans are secured by real estate, and can be as low as 6 to 12% in the U.S. (2005). [citation needed] Typical credit cards have interest rates between 7 and 36% in the U.S., depending largely upon the bank's risk evaluation methods and the borrower's credit history.

  7. Judge rejects $30B Visa, Mastercard ‘swipe fee’ settlement

    www.aol.com/judge-rejects-30b-visa-mastercard...

    Visa and Mastercard, which control a combined 80 percent of the credit card network market, agreed in March to limit interchange fees they charge retailers who accept their card.

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