Capping credit card interest rates at 10% could save consumers billions of dollars, but potentially hurt lower-income Americans, experts said.
A proposal floated by President Trump to temporarily cap credit card interest rates at 10% has opened debate over how much ...
The US President Donald Trump said he wants credit card interest rates capped at 10% for one year, according to a Jan. 9 Truth Social post. Trump said credit card companies must follow this 10% cap by ...
President Donald Trump, speaking at the World Economic Forum, said he wants Congress to temporarily cap credit card interest ...
President Trump is demanding a 10% cap on credit card interest rates to slash record debt. Current APRs exceed 21%, costing ...
The president's proposal could help consumers save billions of dollars and pay off debt faster. But financial experts say it could also make it harder for consumers with lower credit scores to get ...
President Donald Trump noted at the Detroit Economic Club that he's calling to cap credit card rates at 10 percent for a year. But banks are pushing back.
Klarna CEO Sebastian Siemiatkowski supports President Trump's proposed 10% cap on credit card interest rates, calling current ...
The credit card world is still trying to interpret exactly what President Donald Trump’s call to place a 10% cap on credit ...
President Donald Trump has floated the idea of putting a one-year cap on credit card interest rates at 10%. "They've really abused the public," Trump told reporters aboard Air Force One Monday, ...