Federal Challenges to DOJ Program Could Trigger Hidden Fee Hikes on Your Credit Card Bill
A quiet legal battle over federal challenges to DOJ program is brewing, and it might cost you real money. At stake is a consumer protection initiative that keeps credit card late fees under $8. If courts side with bank lobbyists, that cap could vanish overnight—potentially tripling fees and adding $300 a year to your wallet. Your daily latte run just got a lot more expensive.