Trump Wants 1-Year Cap On Credit Card Interest Rates

Digest more
Trump urges credit card companies to slash interest rates to 10% for one year
President Trump called for a one-year cap on credit card interest rates late Friday, an idea that has drawn strong support from lawmakers in both parties but pushback from card issuers.

Continue reading

Trump says he’ll cap credit-card interest rates at 10% as Americans battle soaring debt
Opinion
24/7 Wall St. on MSN · 8h
Does Trump’s 10% Credit Card Rate Cap Make Visa and Mastercard a Buy?
Trump calls for one-year cap on credit card interest rates at 10%
U.S. President Donald Trump said on Friday he was calling for a one-year cap on credit card interest rates at 10% starting on January 20 but he did not provide details on how his plan will come to fru...

Continue reading

Trump calls for cap on US credit card interest rates at 10% for a year, starting January 20—Americans ‘being ripped off’
Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk
Donald Trump calls for cap on credit card interest rates at 10 per cent, effective Jan 20
In a post on Truth Social, which was shared on X by The White House, Trump criticized credit card companies for charging interest rates ranging from 20 per cent to 30 per cent or higher, arguing that ...

Continue reading

Trump credit card interest cap: How much money you can save, what to expect? All details here
Trump announces one-year 10% cap on credit card interest rates

How Long Does It Take to Pay Off $6,000 in Credit Card Debt?

The average American household has over $6,000 in credit card debt, which can be a challenging amount to manage. If you're just making minimum payments, expect to stay in credit card debt for

Overspend this holiday season? Here's how to pay off your debt in the new year

It's that time of year when credit-card balances start climbing. Here are some tips for managing and paying off your debt in the new year.
Feedback