Even if credit card interest isn't capped, cardholders have more power than they think, consumer advocates say.
President Trump has called for a 10% cap on credit card interest rates. What to know to get a lender's best rates sooner.
A proposal floated by President Trump to temporarily cap credit card interest rates at 10% has opened debate over how much relief borrowers could actually see.
The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.
The U.S. Constitution gives Congress the power to write laws regulating commerce and financial markets — including ...
Earlier this month, Trump called for the cap in an online post saying Americans were being “ripped off” by credit card ...
You may want to spend your credit card points now, expert says — but not because of the potential for a 10% interest rate cap ...
Experts say many people have credit card points, but don't know how to use them.
White House Press Secretary Karoline Leavitt said the president has “an expectation” that credit card companies will accede to his demand that they cap interest rates on credit cards at 10% for one ...
Credit card interest rates are near record highs and President Trump has called for a 10% cap on those rates starting Tuesday.
Brex reports that U.S. businesses can deduct credit card interest on legitimate expenses, unlike personal card interest, ...