Credit Card Late Fees Likely to Hit $40 in 2020

This isn’t a “before-and-afterâ€� that you like to see: Credit card late fees, which were generally capped at $35 in 2010 and have inched up since, could hit $40 in 2020. The Card Act, a law aimed at providing greater consumer protections for credit card users, set the $35 limit when it went into effect…

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