President Donald Trump noted at the Detroit Economic Club that he's calling to cap credit card rates at 10% for a year.
Trump's year-long cap on credit card interest is "well-intentioned," say experts, but it poses significant risks.
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Americans' debt loads are at record highs, resurfacing a decadeslong debate on how to prevent companies from maximizing ...
A proposed one-year cap on credit card interest rates backed by President Donald Trump could reduce borrowing costs for some ...
Mizuho Securities says fintech companies like SoFi and Affirm could benefit from Trump’s proposed cap on interest rates.
Trump's 10% credit card rate cap is meant to help struggling borrowers, but industry data shows 80% of accounts could be cut off, hitting those borrowers hardest.
With credit card interest rates near modern highs, President Trump says he wants to cap the rates for one year.
President Donald Trump has said there will be a one-year cap on credit card interest rates set at 10%. What is the average?
Discover how your credit card bill compares to the U.S. average and learn ways to manage debt, lower interest costs, and take control of your spending.
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