The biggest credit-card issuers collected about $146 billion in revenue last year from America’s reliance on debt.
Implementing a 10 percent cap on credit card interest rates would result in a significant reduction in credit availability, ...
If you were waiting for your credit card interest rate to plummet to 10% on Jan. 20, don't hold your breath.
President Donald Trump called for a 10% cap on credit card interest rates. Here's what experts say that could mean for ...
Credit card interest rates are drawing renewed scrutiny. They've become an "extraction machine," Klarna Group PLC KLAR CEO ...
The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.
President Donald Trump's support of legislation that would cap credit card interest rates at 10% has flagged in recent weeks, ...
On Friday, President Trump called for a one-year cap of 10% on credit card interest rates, set to begin Jan. 20. Without congressional legislation, implementing a rate cap would likely be challenging.
A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, pressure bank profits ...
On Friday, Jan. 9, President Trump shared a message on Truth Social calling for a credit card interest rate cap starting Jan. 20, 2026 — just 11 days after posting. His proposal would cap rates at 10% ...
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