Capping interest at 10% could save Americans billions, but banks say it would shut millions out. Here's what drives rates and ...

Capping credit card interest rates at 10% sounds ideal, but it could shut millions out. Here's what drives credit card rates and how they got so high.

President Trump has called for a 10% cap on credit card interest rates. What to know to get a lender's best rates sooner.

Ready to pay a maximum of 10 percent on your credit card balance for a year? If President Donald Trump has his way, that could become a reality. The president called for a one-year, 10 percent cap on ...

Credit Card Interest Calculation: In today's world, the use of credit cards has increased significantly. Using them is also very easy – just a swipe and the payment is done. Most people, while ...

Trump called for a one-year cap on credit card interest rates at 10%. For years, limited regulation has allowed companies to charge high rates, and consumers have fallen further into debt. Some ...

NEW YORK (AP) — Fintech giant Bilt announced an overhaul of its credit cards on Wednesday, which notably will include an introductory rate on all card users’ interest rates at 10% for one year. The ...

PHOENIX (AZFamily) — President Donald Trump is calling for a one-year, 10 percent cap on credit card interest rates to help tackle affordability issues as more consumers struggle with long-term debt.

Bankers argue that the proposal is often framed as consumer‑friendly, but consumers could face reduced access to affordable credit. Some 47 percent of credit cardholders report having a credit card ...

Forbes contributors publish independent expert analyses and insights. Hersh Shefrin analyzes how psychology impacts markets and policy. Form showing credit card high interest rates. (Photo by: Michael ...

Credit Card Interest Calculation: Do you also use your credit card frequently, but your head spins when the bill arrives? And then you think you can get away with just paying the minimum due? If so, ...

Speaker Mike Johnson (R-La.) warned that President Trump’s proposal calling for a one-year 10 percent cap on credit card interest rates could have “negative secondary effects.” Johnson told reporters ...