While subprime borrowers would be hardest ​hit, a cap would lead to higher annual fees for most borrowers and reductions in credit card rewards and more monthly account charges, lenders argued. Some ...
His declaration requires congressional approval to become law and could restrict some consumers' credit availability.
Amid voter concern about the economy and affordability, President Donald Trump announced a new policy: a 10% cap on credit card interest rates for one year.
Trump's 10% credit card rate cap is meant to help struggling borrowers, but industry data shows 80% of accounts could be cut off, hitting those borrowers hardest.
With credit card interest rates near modern highs, President Trump says he wants to cap the rates for one year.
President Donald Trump has said he plans to cap credit card interest rates at 10% for one year, and the rule would likely go ...
You can stop bleeding interest on credit card debt with one of these cards, allowing you to transfer a balance and not pay interest for as long as 24 months.
I initially thought this credit card benefit was a filler, but the extended warranty perk recently saved me $1,400. Here's ...
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Planning a trip is exciting, the flights, hotels, itineraries, and your first meal you’ll have in a new city. But before you ...
Credit cards have been around for a long time, and with every new year comes new advancements in payments, as well as new credit card frauds. From card skimming, data breaches, phishing attacks and ...
As the festive shopping season ramps up, many of us rely more than ever on the speed and convenience of credit cards, debit cards, tap-and-go payments and mobile wallets. Whether you're buying gifts ...