When you need to build credit, a credit card is often the product you turn to. But if you don't want to have to go through a credit check, a debit card may be a better fit. The Mine credit builder ...
The Trump administration is floating a new proposal aimed at expanding access to credit cards after the president's calls for a 10% cap on credit card interest rates were met with pushback from the ...
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 ...
In a move aimed at easing economic pressures on American households, President Trump is calling for a temporary 10% cap on credit-card interest rates. Trump didn’t offer any details on how the ...
Visa and Mastercard could face mixed short-term effects as reduced credit availability might curb transactions but lower rates could boost consumer spending volumes. Follow 24/7 Wall St. on Google By ...
The president revived a campaign promise he has not actively pursued since taking office. By Stacy Cowley President Trump on Friday called for a one-year cap limiting credit card interest rates to 10 ...
President Donald Trump demanded a 10% cap on credit card interest rates on Friday, vaguely citing “affordability” as the reason for the change. The demand comes a month after he dismissed the term as ...
Fintech startup Mesa has shut down its Homeowners Card, which awarded points to cardholders for paying their mortgages. A message on the Mesa website states that as of December 12, “all Mesa ...
Total U.S. credit card debt rose to $1.23 trillion in the third quarter of 2025, an increase of $24 billion from the previous quarter and up about 50 percent over the past five years, according to the ...
The Federal Reserve cut rates by a quarter point in October — the second cut of 2025. Another quarter-point cut is widely expected when the Fed meets next week, though chair Jerome Powell isn't ...
You may not be asking for more credit—but your bank’s systems could be giving it to you anyway. New research from King’s Business School and the Federal Reserve Board suggests that a largely unseen ...
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