President Trump says that banks are ripping off Americans who use credit cards. Interest rates are at near-record highs, and Trump has called for a 10% cap on those rates starting today. But it's ...
WASHINGTON — President Donald Trump's headline-grabbing ultimatum for a 10% interest rate cap on credit cards failed to materialize by his self-imposed deadline of January 20th. Processing Content ...
President Donald Trump’s recent proposal to cap credit card interest rates at 10% for one year aims to ease the burden on families facing high borrowing costs. The intent is straightforward and ...
The market for premium cards is already hot. President Trump’s call for a temporary cap on credit-card interest rates could make it hotter. In recent years, competition has been intensifying for ...
Credit card interest can take a balance that seems manageable and make it balloon — sometimes into an amount that feels totally untenable. Part of the problem is how steep interest rates can be, often ...
Bankers argue that the proposal is often framed as consumer‑friendly, but consumers could face reduced access to affordable credit. Some 47% of credit cardholders report having a credit card balance, ...
Bankers argue that the proposal is often framed as consumer‑friendly, but consumers could face reduced access to affordable credit. Some 47 percent of credit cardholders report having a credit card ...