Tuesday was a deadline for President Donald Trump's 10% cap on credit card interest rates. Now he's calling on Congress to ...
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.
In January, President Trump urged Congress to cap credit card interest rates at 10% and said Americans are being “ripped off” by credit card companies. Bankers quickly opposed the idea, with some ...
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Here's a little-known way to slash your credit card interest rate and save thousands
You don't need an act of Congress to lower your APR today. Learn the specific terms that trigger lower rates immediately.
Wave the red flags when socialist Bernie Sanders and progressive Elizabeth Warren are on the same page as Republican Donald Trump. And so it is with the misguided push to micromanage the credit card ...
President Trump, under pressure to bring down the painfully high cost of living, announced at Davos that he is calling on Congress to cap credit card interest rates at 10 percent for one year.
The episode may show the limits of President Trump's ability to cajole the financial industry into voluntarily giving up billions of dollars in revenue.
The proposal could lower borrowing costs, but critics warn of reduced credit access and fewer rewards. Many or all of the products on this page are from partners who compensate us when you click to or ...
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Jamie Dimon says U.S. should impose Trump's credit card rate cap in Vermont and Massachusetts
JPMorgan Chase CEO Jamie Dimon on Wednesday advocated for a test of President Donald Trump's proposed credit card rate cap in ...
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Trump wants a credit card interest rate cap (but there's one major problem)
While interest rates are crushing many Americans financially, a recently announced change to interest laws could potentially do more harm than good.
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