President Donald Trump called for a 10% cap on credit card interest rates. Here's what experts say that could mean for cardholders, if implemented.
Lowering credit card rates to 10% would most help minimum payers, who face financial and psychological barriers that make ...
President Trump’s call for a cap promises to save Americans billions in interest but also can lead to tightened access to credit.
Visa and Mastercard could face mixed short-term effects as reduced credit availability might curb transactions but lower rates could boost consumer spending volumes. If you’re focused on picking the ...