Capping credit card interest rates at 10% could save consumers billions of dollars, but potentially hurt lower-income Americans, experts said.
President Trump is demanding a 10% cap on credit card interest rates to slash record debt. Current APRs exceed 21%, costing ...
President Trump has proposed a 10% credit card interest rate cap for one year to ease high borrowing costs. The idea could help people with credit card debt save on interest. However, banks and ...
Trump’s 10% credit card interest cap sounds like consumer relief, but Wall Street is panicking, credit could tighten, and the ...