Capping credit card interest rates at 10% could save consumers billions of dollars, but potentially hurt lower-income Americans, experts said.
A proposal floated by President Trump to temporarily cap credit card interest rates at 10% has opened debate over how much relief borrowers could actually see.
All credit cards come with more than a few moving parts. Among them is an annual percentage rate, or APR — the cost of borrowing money using the card. However, the tricky thing with credit cards is ...
President Trump is demanding a 10% cap on credit card interest rates to slash record debt. Current APRs exceed 21%, costing ...
Trump's year-long cap on credit card interest is "well-intentioned," say experts, but it poses significant risks.
The president's proposal could help consumers save billions of dollars and pay off debt faster. But financial experts say it could also make it harder for consumers with lower credit scores to get ...
0% intro APR cards can help you skip interest while you pay off debt or finance big purchases. See how to use this underrated perk to your advantage in 2026.
President Trump's proposal to cap credit card interest rates is a move that could lower costs for millions who carry debt. often just to cover basic necessities.
Klarna CEO Sebastian Siemiatkowski supports President Trump's proposed 10% cap on credit card interest rates, calling current ...
More than 8 in 10 people have successfully negotiated a lower APR. Here's what to say when you call your bank. My credit score and income are better than ever, so I called my bank to ask for a lower ...
Credit builder cards are designed to help kick off – or grow – a credit score. This is the measure lenders use when deciding whether or not to grant a loan or credit card, and at what interest rate.