In a new push to address affordability concerns on voters’ minds before the midterm elections, President Donald Trump recently called for a cap on credit card interest rates, without a clear plan on ...

In a Truth Social post, President Trump stated that he would no longer let Americans be ripped off by credit card companies charging consumers 20% to 30%. While this sounds good on the surface, I ...

President Donald Trump is calling for a 10% cap on credit card interest rates. In a Jan. 9 Truth Social post, he said the one-year cap would be in effect on Jan. 20, the anniversary of his ...

Among cardholders who revolve balances or use credit cards to finance large purchases they can’t afford, who wouldn’t want a significant cut in the interest rate--which often ranges between 20% and 24 ...

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 ...