Capping credit card interest rates at 10% could save consumers billions of dollars, but potentially hurt lower-income Americans, experts said.
President Trump has proposed a 10% credit card interest rate cap for one year to ease high borrowing costs. The idea could help people with credit card debt save on interest. However, banks and ...
President Trump is demanding a 10% cap on credit card interest rates to slash record debt. Current APRs exceed 21%, costing ...
President Donald Trump called for a temporary 10% cap on credit card interest rates but did not provide details on how his plan would come to fruition or how he planned to make credit card issuers ...
Among cardholders who revolve balances or use credit cards to finance large purchases they can’t afford, who wouldn’t want a significant cut in the interest rate--which often ranges between 20% and 24 ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results