While major banks, including JPMorgan Chase and Citi, warned that a 10% credit card cap would reduce access to credit, some ...
A 10% rate cap would make large swaths of the credit card industry unprofitable, especially tied to customers with less-than-ideal credit, banks say.
JPMorgan, Citigroup and Wells Fargo this week separately said limiting borrowing costs on credit cards would harm their ...
Shares in banks and credit card firms have fallen after US President Donald Trump called for credit card costs to be capped.
President Donald J. Trump has called for a temporary cap of 10 percent on credit card interest rates in an apparent attempt ...
Credit card protection insurance is a form of protection offered by card issuers to help cardholders in times of financial ...
President Trump is calling for a one-year, 10% cap on all credit card interest rates beginning on January 20, warning ...
— -- Credit card holders could soon be saying good-bye to some costly add-on products that promised peace-of-mind during a disaster, such as a job loss. And many consumer groups say good-riddance ...
Credit cards make everyday spending easier and more flexible. But with that ease comes the responsibility of handling risks ...
President Joe Biden during a meeting with his Competition Council at the White House in Washington, DC.. Photo: Getty Images A federal judge in Texas temporarily halted a plan by the Biden ...