Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TexasTowelie

(127,413 posts)
Fri Feb 10, 2023, 11:50 PM Feb 2023

How Credit Card Fees Are A $12 Billion Scam - More Perfect Union



Everything about credit card late fees is a scam. They're a massive, multi-billion dollar wealth transfer from the poorest Americans to Wall Street. Now the Biden administration is moving to force banks to cut them by 75% — saving Americans $9 billion a year.
Latest Discussions»Retired Forums»Video & Multimedia»How Credit Card Fees Are ...