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(#207) Biden's new rule REDUCES late credit card charges
Manage episode 404989666 series 3320629
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Tired of paying $32 for late charges? Well, you might be in luck. Because President Biden just announced that they are capping the late charges on credit cards. They estimate that it will save Americans $10 billion in fees. But is this good for the American people in debt? Maybe. But what about the people who are not? Will this cause the credit card companies to make obtaining credit more difficult? Leaving those who really need it, out in the cold?
Check out this episode to find out more
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