Congress recently overturned a rule that would have limited how much banks and credit card companies can charge in late fees. Now, if you miss a payment, you could get hit with a hefty fee, sometimes $30 or higher. This change will hit people with low incomes the hardest, especially those already struggling to keep up with bills. Critics say it’s unfair and just helps banks profit more off vulnerable people, while supporters argue that higher fees are necessary to keep the financial system running smoothly and to encourage people to pay on time. I discuss this and ways for you to avoid paying these fees. →FOLLOW ON SOCIAL MEDIA← Youtube Instagram Facebook Twitter Linked In #thepeoplesvoicepodcast #social issues Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research
