Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Debit and credit cards may look the same at checkout, both ...
Trump can’t cap credit card interest rates on his own: Under the Constitution, only Congress can regulate interest rates. High rates reflect risk—but defaults remain relatively low: Average credit ...
Costco has discreetly increased gas rewards for holders of its branded credit card. Members with the Costco Anywhere Visa Card, issued by Citi, can now expect to earn 5% cash back at Costco gas pumps, ...
Many Republicans are flatly rejecting President Trump’s proposal for a one-year 10-percent cap on credit card interest rates, warning that it will be unsustainable in the long run. Trump’s proposal ...
Jan 12 (Reuters) - A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, ...
Stocks in a range of financial companies fell after President Trump called for credit-card interest rates to be capped at 10% for a year, in his latest attempt to address voters' affordability ...
Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Thana Prasongsin / Getty Images The average credit card balance ...
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President Trump on Friday called on credit card companies to cap interest rates at 10% for one year, beginning later this month. “Please be informed that we will no longer let the American Public be ...
This is read by an automated voice. Please report any issues or inconsistencies here. Trump revives campaign pledge to cap credit card interest rates at 10%, potentially saving Americans billions.
Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition ...
The president revived a campaign promise he has not actively pursued since taking office. By Stacy Cowley President Trump on Friday called for a one-year cap limiting credit card interest rates to 10 ...