The recent 10% credit-card interest-rate cap proposed by Donald Trump triggered a frenzy of responses from the financial giants. JPMorgan Chase CEO Jamie Dimon warned of an “economic disaster,&r ...
If card-issuers are blocked from charging interest rates higher than 10 percent for consumers with a poor credit history, ...
President Donald Trump's support of legislation that would cap credit card interest rates at 10% has flagged in recent weeks, ...
Trump’s apparent support for even a temporary rate cap on cards channels comments he made on the campaign trail and evokes the spirit of a bipartisan bill introduced by U.S. Sens. Bernie Sanders and ...
President Donald Trump called for a 10% cap on credit card interest rates. Here's what experts say that could mean for ...
The report indicated that analysts from Morgan Stanley recently wrote in a research note that — outside of Bread Financial ...
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Make ends meet: How a 10% interest rate cap could impact your credit
What would President Trump’s proposed 10% credit card cap mean for you if the legislation is passed by Congress?
In a Truth Social post, President Trump stated that he would no longer let Americans be ripped off by credit card companies charging consumers 20% to 30%. While this sounds good on the surface, I ...
A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, pressure bank profits ...
DUBLIN, Jan 28 (Reuters) - A proposal by U.S. President Donald Trump to cap credit-card interest rates, if implemented, could have a big impact on the profitable loyalty programmes of the ...
NEW YORK (AP) — Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars. However, it ...
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