There is a lot in the news right now about high interest rates and unaffordability. But the rates aren’t the main problem.

President Donald Trump called for a 10% cap on credit card interest rates. Here's what experts say that could mean for ...

The recent 10% credit-card interest-rate cap proposed by Donald Trump triggered a frenzy of responses from the financial giants. JPMorgan Chase CEO Jamie Dimon warned of an “economic disaster,&r ...

President Trump is demanding a 10% cap on credit card interest rates to slash record debt. Current APRs exceed 21%, costing Americans billions. Trump set a January 20, 2026, deadline for banks to ...

President Donald Trump called for credit card companies to cap interest rates at 10%, roughly half the industry average, effective Jan. 20. That date arrived, and credit card rates have hardly budged.

In a move aimed at easing economic pressures on American households, President Trump is calling for a temporary 10% cap on credit-card interest rates. Trump didn’t offer any details on how the ...

Credit card interest can take a balance that seems manageable and make it balloon — sometimes into an amount that feels totally untenable. Part of the problem is how steep interest rates can be, often ...

President Trump's latest proposal concerns a cap on credit card interest rates, but I believe it is unfeasible. A 10% cap would eliminate U.S. cashback programs, restrict credit access for riskier ...

In a Truth Social post, President Trump stated that he would no longer let Americans be ripped off by credit card companies charging consumers 20% to 30%. While this sounds good on the surface, I ...

Among cardholders who revolve balances or use credit cards to finance large purchases they can’t afford, who wouldn’t want a significant cut in the interest rate--which often ranges between 20% and 24 ...

The proposal could lower borrowing costs, but critics warn of reduced credit access and fewer rewards. Many or all of the products on this page are from partners who compensate us when you click to or ...