Trump calls for 1 year cap on credit card interest rates
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The Credit One Bank American Express card sits in a crowded middle ground, promising cash back rewards and brand-name perks to people whose credit profiles are still a work in progress. It can be a useful tool if you handle it carefully, but the trade-offs ...
Robin has worked as a credit cards, editor and spokesperson for over a decade. Prior to Forbes Advisor, she also covered credit cards and related content for other national web publications including USA TODAY, NerdWallet, Bankrate and HerMoney. She..
President Donald Trump’s unexpected demand for a cap on credit card interest rates sent financial shares tumbling this week, while leaving the heads of Wall Street’s biggest lenders fielding a swarm of questions on their quarterly earnings calls.