Credit Card Debt Explained

Trump calls for credit card interest rate cap

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FOX 26 Houston on MSN · 1h

President Trump wants to cap credit card interest at 10%: the pros & cons for borrowers

HOUSTON - President Trump has proposed capping credit card interest rates at 10% for a year.

Opinion

· 33m · on MSN

Trump's 10 percent cap on credit cards may hurt more than some imagine

· 22h · on MSN

What Trump's 10% credit card rate cap would mean for consumers

· 22h

Would Trump's 10% cap on credit cards hurt more than some imagine?

President Donald Trump's call for putting a one-year, 10% cap on credit card rates certainly catches the eye — and no surprise, has caught the wrath of bankers.

· 1d

How Trump’s Cap on Credit-Card Rates Would Reshape the Rewards World

Politifact · 1d

Can Donald Trump unilaterally cap credit card interest rates at 10%? It’s a request, not a law.

· 1d

Donald Trump hits banks where it hurts: their credit card divisions

Synchrony, which issues cards for Amazon among others boasted a 25 per cent return on equity in its latest quarter, even factoring in allowances for credit losses equivalent to around 10 per cent of i...

· 22h

Jackson neighbors rate the economy under President Trump

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What 10% Credit-Card Rate Cap Would Mean for Your Wallet

The Financial Express

Explained | Americans ‘ripped off’ by credit card companies: Is Trump’s 10% interest cap a debt solution or political promise?

Trump proposes a 10% credit card interest cap to stop Americans being “ripped off”. Explained: how it works, potential savings, risks, bank backlash, and whether it truly reduces debt.

Lancs Live on MSN

Martin Lewis urges everyone with a credit card to do one thing each month to avoid 'dangerous' borrowing

Martin Lewis has issued urgent advice for anyone with a credit card. The money-saving expert was speaking on the Martin Lewis Podcast on BBC about people's misunderstandings of credit cards and overdrafts.