In a mixing bowl, combine the softened cream cheese, shredded cheddar cheese, and chopped jalapenos. Mix until well combined.

Add garlic powder, onion powder, salt, and black pepper to the mixture and stir until evenly distributed.

Using your hands, form the cheese mixture into small balls, about 1 inch in diameter.

Place the formed balls on a baking sheet and refrigerate for about 15 minutes to firm up.

Set up a breading station with flour, beaten eggs, and bread crumbs in separate bowls.

Roll each ball in flour, dip in beaten eggs, and then coat with bread crumbs. Ensure they are well coated.

Heat oil in a deep fryer or frying pan to 350°F (175°C).

Carefully drop the coated balls into the hot oil, frying in batches until golden brown, about 3-4 minutes.

Remove from oil and drain on paper towels.

Serve warm with your favorite dipping sauce.