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Would a 10% Credit Card Interest Rate Cap Be a Totally Good Thing for Consumers?
Factors like your debt-to-income ratio, your income and existing debt all influence the interest rate on your credit card. And consumers who are considered high-risk are approved with a higher interest rate as a way for banks and issuers to compensate for the possibility of default.
Sanders and Hawley introduce bill to cap credit card interest rates at 10%
Sanders and Hawley’s bill comes after President Donald Trump vowed in the 2024 race to temporarily cap credit card interest rates at 10%.
Trump Promised a Cap on Credit Card Interest Rates. Here’s His Chance.
Senators Bernie Sanders and Josh Hawley say they will propose a 10 percent limit on credit card interest rates.
Josh Hawley, Bernie Sanders propose capping credit card interest rates at 10%
Senators Bernie Sanders and Josh Hawley introduced new legislation that would cap interest rates on credit cards at 10% to fulfill one of President Trump's campaign promises.
Hawley, Sanders push for 10 percent cap on credit card interest
Sens. Josh Hawley (R-Mo.) and Bernie Sanders (I-Vt.) introduced a bill Tuesday seeking to cap credit card interest rates at 10 percent.
Two polar opposite senators back bill to cap credit card interest rates
Sen. Bernie Sanders (I-Vt.) and Sen. Josh Hawley (R-Kan.) agree on very little politically. But the very liberal and very conservative lawmakers are co-spo
Bernie Sanders, Josh Hawley team up on Trump pledge to slash credit card rates to 10%
A bipartisan bill from Sens. Bernie Sanders and Josh Hawley aims to codify a campaign promise made by President Donald Trump to cap credit card rates to 10%.
2h
on MSN
Woman Backed After She Is Blamed for Nephew's $1,500 Credit Card Splurge
"Parents sometimes experience their children's mistakes as reflections on themselves," an expert told Newsweek.
NerdWallet
1d
5 Things to Know About the Perpay Credit Card
The Perpay Credit Card doesn’t require a security deposit, but it does charge pricey service fees. Plus, you'll have to link ...
Psychology Today
1h
Overcoming the Shame of Credit Card Debt
Emotions and stress from overspending are running high. One in 10 Americans reported that holiday spending caused them to go ...
Bill McEwen
3h
Credit Card Giants Drain Billions: Can Congress Take Action?
A bipartisan coalition of legislators want to break up an alleged duopoly of Visa and Mastercard in the payment processing ...
CNET
2d
You Can Recover From Credit Woes With 1 of These Cards. What to Know Before You Apply
Using a secured credit card responsibly now can help you build credit and qualify for a more rewarding card later.
2d
on MSN
Get ready, the Discover-Capital One merger could transform the credit card market
Capital One’s $35.3 billion acquisition of Discover could close as early as February. It has the potential to reshape the ...
53m
Limited-time offer: Earn Southwest’s Companion Pass as a credit card welcome bonus
Southwest Airlines is bringing back one of its most covetable credit card offers — but only for a limited time. Now through ...
CNET
1d
Credit Card APRs Are High, but Keeping an Emergency Card Is Still a Smart Move
An emergency credit card can help with unexpected expenses, but make a plan to pay it off quickly to avoid interest charges.
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