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, ...

On Friday, Jan. 9, President Trump shared a message on Truth Social calling for a credit card interest rate cap starting Jan. 20, 2026 — just 11 days after posting. His proposal would cap rates at 10% ...

A businessman calculating taxes illustrated with tax deduction software graphics. If you run a business and carry a balance on your credit card, here's something worth knowing. The interest you're ...

Recently, President Trump called for a year-long credit card interest rate cap of 10% starting on Jan. 20, 2026. While this deadline has passed, he reiterated this request and urged Congress to act ...

Starting next week, a new plan from the President will cap credit card interest rates at 10% for one year—a major drop from the current U.S. average of about 20%. With the average credit card balance ...

If you run a business and carry a balance on your credit card, here's something worth knowing. The interest you're paying might actually reduce your tax bill. In the United States, credit card ...

At the World Economic Forum in Davos, President Donald Trump called on Congress to cap credit card interest rates at 10%, a policy which Sen. Bernie Sanders already proposed through legislation. There ...

JPMorgan CFO Jeremy Barnum warned Tuesday that President Donald Trump's push to put a 10% cap on credit card interest rates could hurt the broader economy and reduce access to credit. "What's actually ...

The proposal could lower borrowing costs, but critics warn of reduced credit access and fewer rewards. Many or all of the products on this page are from partners who compensate us when you click to or ...

President Donald Trump has suggested temporarily capping credit card interest rates at 10%, a proposal that could significantly lower borrowing costs for millions of Americans but would require ...

Earlier this month, President Donald Trump publicly called for credit card interest rates to be capped at just 10% for one year. The national average APR is currently just under 20%. On the surface, ...