Capping interest at 10% could save Americans billions, but banks say it would shut millions out. Here's what drives rates and ...
President Trump has called for a 10% cap on credit card interest rates. What to know to get a lender's best rates sooner.
To pay your debt off fast, you could consider an option that gives you an upfront lump sum of cash, like a home equity loan.
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.
U.S. President Donald Trump has called for credit card interest rates to be capped at 10 per cent — a move that could bring ...
As part of a series of efforts to make life more affordable, President Donald Trump aims to help Americans with credit-card ...
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 ...
If you were waiting for your credit card interest rate to plummet to 10% on Jan. 20, don't hold your breath.
The central bank’s policy stance can influence consumer savings and borrowing, from car financing to home equity loans. Here’s how it works.
Ready to pay a maximum of 10 percent on your credit card balance for a year? If President Donald Trump has his way, that could become a reality. The president called for a one-year, 10 percent cap on ...
PHOENIX (AZFamily) — President Donald Trump is calling for a one-year, 10 percent cap on credit card interest rates to help tackle affordability issues as more consumers struggle with long-term debt.
Speaker Mike Johnson (R-La.) warned that President Trump’s proposal calling for a one-year 10 percent cap on credit card interest rates could have “negative secondary effects.” Johnson told reporters ...