Back in March 2024, the Biden administration tried to throw consumers a lifeline. The Consumer Financial Protection Bureau (CFPB) has issued a new rule. This was done under the White House’s watch. The rule will limit late fees on credit cards. No more $32 penalties. From now on, banks could charge just $8. It sounded […]

How Retail Credit Cards Turn Everyday Shoppers into Lifelong Borrowers in America