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.
Despite what Fed officials, economists, and their media enablers tell you, there’s no such thing as costless credit. This is ...
If the Hawley–Sanders legislation passes, the government will set a price cap on what credit card companies charge for loaning money. If the companies perceive that the price is too low to offset the ...
Many Americans are paying credit-card interest rates over 20%, but a new bill from a bipartisan duo would slice their card ...
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