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Proposal for 10% cap on credit card interest

· 19h · on MSN

As Trump's deadline for a cap on credit card rates looms, banks have only questions and no answers

President Donald Trump a week ago told the credit card industry it had until Jan. 20 to comply with his demand for a 10% cap on interest rates. With just days to go, consumer groups, politicians, and bankers alike remain unclear on what the White House has planned and whether Trump even remains serious about the idea.

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· 1d · on MSN

Trump, AOC and Bernie: Capping credit card rates unites right and left as banks issue warnings

Trump calls for a 10% cap on credit card interest rates

5don MSN

Trump calls for 10% cap on credit card interest rates. What's average?

President Donald Trump has said there will be a one-year cap on credit card interest rates set at 10%. What is the average?

1don MSN

Bilt’s 10% Interest Rate Is Turning Heads—But It’s Not the Lowest APR Right Now

Following President Donald Trump's proposal to cap credit card interest rates at 10%, Bilt's cards are offering a 10% APR for ...

1d

Trump adviser suggests 10 percent interest ‘Trump cards’ in lieu of legislative cap

President Trump’s economic adviser said Friday that the administration has been in touch with major banks regarding the ...

1don MSN

White House economic advisor floats idea of 'Trump cards' amid credit card battle with banks

Trump called for banks to cap credit card interest rates at 10%, an idea that has been roundly rejected by industry ...

2don MSN

High earners have credit card debt, too. But they won't admit it

Credit card debt is an embarrassment to many Americans. It is especially embarrassing, apparently, to people who earn a lot.

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