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.
Trump, who is under pressure to address voter concerns over the cost of living, on Friday called for a one-year cap on ...
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 there will be a one-year cap on credit card interest rates set at 10%. What is the average?
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 ...
Understand the essential differences between secured and unsecured lines of credit, including how they affect interest rates, ...
Get a firmer grip on your finances with the expert tips in our Money newsletter – it's free weekly. The Which? Money podcast ...
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Do you still need travel insurance if you have coverage through a credit card?
Planning a trip is exciting, the flights, hotels, itineraries, and your first meal you’ll have in a new city. But before you ...
The central bank further mandated banks and finance companies to update their internal policies, procedures and controls in ...
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