Card issuers may need to scale back on rewards if they can’t earn as much on interest. These issuers would face the biggest ...
His declaration requires congressional approval to become law and could restrict some consumers' credit availability.
President Donald Trump called for a 10% cap on credit card interest rates starting Jan. 20. Here's what we know.
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.
Trump is calling for a credit card interest rate cap of 10%. Here are some ways consumers can get funds if access to credit ...
A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for ...