Credit Card Institutions

Trump floats 10% credit card rate cap

Who Wins and Who Loses If a 10% Cap on Credit Card Interest Rates Moves Forward

Credit card issuers may choose to continue to lend to borrowers with good or better credit scores if a 10% cap gains traction with legislators. But the terms of the card programs they may offer under a 10% cap would likely be far less favorable to cardholders than they are today.

· 15d

President Trump demands credit card companies cap interest rates at 10%, but here’s why you shouldn’t wait on Washington to get relief

Opinion

· 2d · on MSN

Contributor: The weird bipartisan alliance to cap credit card rates is onto something

Politifact

Bills to cap credit card interest rates languish in Congress

As he sought to recapture the White House in 2024, Donald Trump promised to "put a temporary cap on credit card interest rates at 10%." During his presidency, bipartisan lawmakers have introduced ...

Why A Fintech Unicorn Is Donating Millions To Start A Credit Union

Aven, a startup valued at $2 billion that offers a home equity line of credit (HELOC) through a credit card, says credit ...

18d

Understanding Credit Card Funding: Benefits and Risks

Discover how credit card funding can support new businesses or ventures, its pros and cons, and why traditional loan alternatives may be beneficial.

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