Judge temporarily blocks Biden plan to cap credit card late fees
A federal judge in Texas Friday temporarily halted a Biden administration rule that would cap credit card late fees at $8, about a quarter of what they are now. Credit card companies receive about $14 billion in late fee payments per year, according to the Consumer Financial Protection Bureau. Elise Preston has more.
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Пікірлер: 24
Texas...of course.
Judge in Texas...that's an oxymoron!
Visa just paid this judge.......
Time to return Texas back to Mexico in exchange for a full refund.
Who’s the judge? Republican? Getting kickbacks from these companies?
@user-zq4fv8sj6v
26 күн бұрын
Just pay your bills on time. Easy!
@pearlsswine
23 күн бұрын
Haha "how dare the judges make money from this, I was supposed to financially benefit from it, not them!!"
Texas😡
Why would they block the plan it’s to help Americans with money wow America really showing it’s true colors I think ima go independent
@LouisBackover
26 күн бұрын
I'm independent, but make no mistake, any vote for anyone except Biden this election will result as a vote for Trump and the Republicans. It's time to act strategically and not tactical.
@Darkseid300
26 күн бұрын
Because the credit card companies are paying into their campaigns basically paying them off. They probably erased that judges credit debt so he would vote for them
@pearlsswine
23 күн бұрын
Lol please do go independent.
Check the judges investment portfolio. See if he's dumping credit related stocks. News please?
Which judge was it?
Like always Republicans fault
@user-zq4fv8sj6v
26 күн бұрын
Just pay your bills on time. Easy!
@user-qu8lt3hf7e
26 күн бұрын
@@user-zq4fv8sj6v nope wrong answer
@pearlsswine
23 күн бұрын
"it's the Republicans fault that I have to pay my bills on time" Lolololol. Welcome to 2024, where adults have the mind of a child lol. Can't even manage the most basic finances.
@user-qu8lt3hf7e
23 күн бұрын
@@pearlsswine wrong
I say if you are dumb enough to have more than one credit card and can't pay it off each month. Then your money should go to the rich.
@pearlsswine
23 күн бұрын
You have zero idea what you are talking about. It's grossly oversimplified and half of what you said is not even based in reality. No, it doesn't matter how many credit card accounts you have open. Having an open account does not mean that you're carrying a balance on it. Similarly, having only one credit card account does not mean that you aren't carrying a high balance. There's also nothing wrong with carrying a balance if you have either low or no interest on that debt. You don't understand that because you parrot very simplistic talking points that you heard random people say at some point in your life and were too lazy to look into more deeply.
@ArabellaPottery
23 күн бұрын
@@pearlsswine I have one credit card and well over six figures in my saving account alone. That's a fact. ROTFLMAO!! You live in denial.