U.S. President Donald Trump has called for credit card interest rates to be capped at 10 per cent — a move that could bring ...
Credit card issuers may choose to continue to lend to borrowers with good or better credit scores if a 10% cap gains traction ...
If a rate cap were imposed through executive action or aggressive regulatory interpretation, I would expect immediate legal challenges,’ one expert said ...
Bank of America is considering whether to offer a credit card with interest capped at 10% for a year, a source told NBC News ...
A proposed 10% cap on credit card interest rates could restrict access to credit for millions of Americans. Industry experts agree that a 10% interest rate cap could lead to the cancellation or severe ...
The U.S. Constitution gives Congress the power to write laws regulating commerce and financial markets — including ...
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The proposal was a major topic this week during earnings calls.
There are cash back credit cards – for all credit levels – that offer rewards when you make purchases. A good rate on a cash back credit card depends on the type of credit card user, but in general ...
Borrowing money with a variable-rate product can be difficult, as payments can and likely will change over time. And it can be risky when that product leverages your home equity. If you're ultimately ...