Credit Card Interest Cap

Jan 21 (Reuters) – JPMorgan Chase CEO Jamie Dimon warned on Wednesday that a proposal to cap credit card interest rates would amount to economic disaster, while U.S. President Donald Trump doubled ...

credit card interest cap 1

AOL: Opinion - Trump’s credit card interest rate cap is a lose-lose

CNBC: What a credit card interest rate cap would mean for issuers like Capital One and consumers

What a credit card interest rate cap would mean for issuers like Capital One and consumers

Perhaps feeling the heat of “affordability” concerns, President Donald Trump recently revived one of those bad ideas that never seem to die: a cap on credit card interest rates. His current proposal ...

Fox Business: Credit card interest rate cap could reduce access for over 100 million Americans, analysis finds

A new analysis finds that a 10% credit card interest rate cap would shrink access to credit, affecting well over 100 million American cardholders in the process. Some Republican and Democratic ...

Credit card interest rate cap could reduce access for over 100 million Americans, analysis finds

President Donald Trump just urged passage of a federal 10% credit card interest rate cap. This means that a legislative proposal filed in Congress by Sen. Bernie Sanders (I-Vt.) will likely soon be ...

Prefer Newsweek on Google to see more of our trusted coverage when you search. President Donald Trump’s stalled proposal to cap credit card interest rates is drawing support from voters across the ...

credit card interest cap 10

KTVU: President Trump wants to cap credit card interest at 10%: the pros & cons for borrowers

credit card interest cap 11

This browser does not support the Video element. President Trump has proposed capping credit card interest rates at 10% APR for a year. The cap could help borrowers pay off credit card debt faster ...