What would be the impact of a credit card interest rate cap?
New legislation in Congress that would cap credit card interest rates at 10% that has the backing of President Trump could reshape financial services, though it would carry a cost.
Would a 10% Credit Card Interest Rate Cap Be a Totally Good Thing for Consumers?
Factors like your debt-to-income ratio, your income and existing debt all influence the interest rate on your credit card.
Bernie Sanders, Josh Hawley introduce bill to cap credit card interest rates. What to know
Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card ...
Two Senators Want to Cap Credit-Card Rates at 10%. Banks Say That Would Cut Credit Access
A bipartisan pair of senators want to cap your credit-card interest at less than half the typical rate. They may have President Trump's support—but banks aren't so excited.
A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...
USA Today3d
A bill would cap credit card rates at 10%, echoing a Trump pledge. Are there downsides?
Amid surging credit card interest rates and rising delinquencies, a bill with bipartisan support would cap rates at 10%, about half the current average, for five years. The legislation would ...
AOL6d
A new bill in Congress would cap credit card interest rates at 10%. But the limits could harm consumers, experts warn
This week, Sens. Bernie Sanders (I-VT) and Josh Hawley (R-MO) introduced a bill that would cap credit card interest rates at 10% for five years. On the campaign trail, President Donald Trump ...
A bill would cap credit card rates at 10%, echoing a Trump pledge. Are there downsides?
A bill would cap credit card rates at 10%, something Trump promised on the campaign trail. Will Trump follow through? Will consumers benefit?
A new bill in Congress would cap credit card interest rates at 10%. But the limits could harm consumers, experts warn
A new bill sponsored by Sens. Sanders and Hawley would cap credit card APRs, but that could reduce access to credit and ...
NBC New York4d
A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
The median annual percentage rate (APR) on credit cards is near 25%. Credit card companies charged consumers more than $105 billion in interest in 2022, according to the Consumer Financial ...
Yahoo Finance6d
Sanders, Hawley introduce credit card interest rate cap bill
Republican Sen. Josh Hawley and independent Sen. Bernie Sanders have teamed up to introduce legislation that would cap credit card interest rates at 10% for five years. The unlikely union of ...