President Donald Trump has recently reignited a contentious debate in American finance with his proposal to cap credit card interest rates at 10%. This announcement comes amid soaring credit card debt ...
Despite the Federal Reserve's recent cuts, credit card interest rates have been hovering near record highs. A new bipartisan bill would cap them at a dramatically lower figure, but experts say it may ...
Credit card interest rates are too damn high, according to an unlikely combination of politicians who’ve recently drawn attention to the subject. Money experts agree credit card debt can be a major ...
In a bipartisan move aimed at financial reform, Representatives Alexandria Ocasio-Cortez and Anna Paulina Luna have introduced legislation that would cap credit card interest rates at a maximum of 10 ...
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 Protection ...