Capping credit card interest rates at 10% could save consumers billions of dollars, but potentially hurt lower-income Americans, experts said.
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 ...
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Why Is Trump’s Credit Card ‘Affordability’ Pitch Unaffordable — For Wall Street? Explained
Trump’s 10% credit card interest cap sounds like consumer relief, but Wall Street is panicking, credit could tighten, and the ...
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