A new bill in Congress would cap credit card interest rates at 10%. But the limits could harm consumers, experts warn
A new bill sponsored by Sens. Sanders and Hawley would cap credit card APRs, but that could reduce access to credit and credit card rewards programs.
This Week In Credit Card News: Senators Propose 10% Cap On Interest Rates
Josh Hawley, Bernie Sanders Propose Capping Credit Card Interest Rates at 10% A new bipartisan bill introduced by a pair of senators would cap credit card interest rates in an effort to help consumers and fulfill one of President Donald Trump’s campaign promises.
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.
Bernie Sanders, Josh Hawley introduce bill to cap credit card interest rates. What to know
Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to 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.
Credit card rewards at risk with new interest rate limit legislation
A new bill to cap credit card interest rates at 10% could erase card rewards for consumers, financial experts told the Washington Examiner.
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%.
Legislation introduced to cap interest rates on credit cards
There is a bipartisan push in congress to limit interest rates on credit cards to ten percent. While this might face an uphill climb, President Trump did back a credit card cap on the campaign trail.
Congress is taking another bipartisan look at whether to cap credit card interest rates
There's a bipartisan debate underway in Congress to potentially cap credit card interest rates — and it involves an unlikely pair of lawmakers. (Scripps News)
Should US cap credit card interest rates?
There's a new bill getting bipartisan support in Congress and it could have a big effect on your wallet. It would cap credit card interest rates at 10 percent. Senators Bernie Sanders and Josh Hawley
3 ways to have your credit card debt forgiven this February
With credit card interest rates sitting at record highs and inflation continuing to strain household budgets, many Americans ...
New Delta SkyMiles credit card welcome offers
Save money on your next trip with huge offers of up to 100,000 miles on three Delta SkyMiles Amex credit cards.
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 ...
9 tips for maximizing your approval for a credit card
Learn 9 tips that can increase the likelihood of card approval, including checking your credit score, correcting errors on ...
NerdWallet3d
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 ...
2 Detroit men arrested locally on credit card fraud
Westlake police said two Michigan men have been arrested, accused of gaining access to credit card numbers and then creating their own counterfeit credit cards to run up charges.
Credit Card EMI: How does it work and what are the benefits?
Credit card EMIs enable users to convert large purchases into manageable monthly payments, easing budgeting. This article ...
Not all premium credit cards are created equal—here’s how three top contenders stack up
Premium credit cards promise elevated travel experiences, lucrative rewards, and exclusive perks—but in exchange, they charge ...