Credit Card Late Fees Would Drop Under New Biden Administration Rule
The Consumer Financial Protection Bureau proposal would see the average fee fall from $32 to $8, the agency's director says.
![Credit Card Late Fees Would Drop Under New Biden Administration Rule](https://img.huffingtonpost.com/asset/65e68d3d230000510054fde9.jpeg?cache=c5X37sABSG&ops=1200_630)
The Consumer Financial Protection Bureau proposal would see the average fee fall from $32 to $8, the agency's director says.