Biden administration announces $8 cap on credit card late fees
The Biden administration’s new rule will cap credit card late fees at $8. It’s the latest White House effort to crack down on what it […]
administration
Biden administration announces $1.2 billion in new student debt relief
The Biden administration on Wednesday announced it would forgive $1.2 billion in student loan debt for borrowers enrolled in a certain income-driven repayment plan. The […]
Biden administration plans to place new overdraft fee limits on banks
The Consumer Financial Protection Bureau announced a new rule proposal that would limit overdraft fees banks charge on consumers. The rules would apply to most […]
Biden administration finds new way to forgive some student loans
The Biden administration announced early Friday that it will forgive some borrowers of their student loan debt starting next month. The White House said that […]