Biden moves forward to reduce credit card-application fees

Biden moves forward to reduce credit card-application fees

Biden moves forward to reduce credit card-application fees
US President Joe Biden has unveiled plans for a new effort to reduce unpaid credit card fines. and reduced fees on Alphabet Inc.'s app store as part of a larger push. to promote competition in the consumer market

Reuters Report from Washington, USA เว็บเล่นสล็อต on February 2 that in addition to credit cards and applications Biden also urged lawmakers to pass a rule against imposing. "Junk fees," which he said It is an increasing expense for consumer services such as accommodation, concert tickets, mobile phone packages. and air travel, which he viewed as a fee that “Unfair”

As part of this initiative The Consumer Financial Protection Bureau (CFPB) has proposed a rule prohibiting credit card issuers from charging fees. "Excessive" when cardholders pay late, which the CFPB estimates that consumers incur about $ 12 billion in expenses per year (approximately 400 billion baht).

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