Capping credit card interest is a truly awful idea
Sen. Josh Hawley said he has teamed up with the consummate supporter of every bad economic idea, Sen. Bernie Sanders, to ...
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 ...
A bill would cap credit card rates at 10%, echoing a Trump pledge. Are there downsides?
A bill would cap credit card rates at 10%, something Trump promised on the campaign trail. Will Trump follow through? Will consumers benefit?
A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...
AOL4d
A bill would cap credit card rates at 10%, echoing a Trump pledge. Are there downsides?
“Capping credit card interest rates at 10%, just like President Trump ... And that’s where you get into a big problem,” said Nicholas Anthony, a policy analyst at Cato Institute, the liberta ...
Washington Examiner6d
Credit card rewards at risk with new interest rate limit legislation
Sens. Bernie Sanders (I-VT) and Josh Hawley (R-MO) introduced the bill on Thursday that would cap credit card interest rates for five years. The bill has been referred to the Committee on Banking ...
Bank of England cuts interest rates to 4.5% - what it means for your money
The Bank of England base rate can affect everything from your mortgage to the rates applied to credit cards - we round up ...
NBC DFW5d
A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
The median annual percentage rate (APR) on credit cards is near 25%. Credit card companies charged consumers more than $105 billion in interest in 2022, according to the Consumer Financial ...
23ABC News Bakersfield6d
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 ...