Credit card late fees capped at $8 under Biden crackdown on 'junk fees' - eviltoast
  • jkrtn@lemmy.ml
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    9 months ago

    $220 / ($32 - $8) looks like a little over 9 to me also. Wow. That’s a lot of people struggling, probably trying to stay afloat paying off cards with other cards and missing more payments.

    • jballs@sh.itjust.works
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      9 months ago

      Yeah I freak out if I accidentally pay a card late. I can’t imagine the stress of missing that many payments a year. At some point, you’re just in a hole and digging to get yourself out.