Even if credit card interest isn't capped, cardholders have more power than they think, consumer advocates say.
President Trump has called for a 10% cap on credit card interest rates. What to know to get a lender's best rates sooner.
The U.S. Constitution gives Congress the power to write laws regulating commerce and financial markets — including ...
A proposal floated by President Trump to temporarily cap credit card interest rates at 10% has opened debate over how much relief borrowers could actually see.
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.
Earlier this month, Trump called for the cap in an online post saying Americans were being “ripped off” by credit card ...
In credit markets, interest rate caps lead to rejected applications, lower credit limits, and tighter underwriting for the highest risk, lowest income borrowers. Why? Because lenders don’t respond to ...
You may want to spend your credit card points now, expert says — but not because of the potential for a 10% interest rate cap ...
White House Press Secretary Karoline Leavitt said the president has “an expectation” that credit card companies will accede to his demand that they cap interest rates on credit cards at 10% for one ...
Washington is currently gripped by a fervor to lower the cost of credit. From the President’s proposal to cap credit card ...
Credit card interest rates are near record highs and President Trump has called for a 10% cap on those rates starting Tuesday.