Capping interest at 10% could save Americans billions, but banks say it would shut millions out. Here's what drives rates and ...

Ready to pay a maximum of 10 percent on your credit card balance for a year? If President Donald Trump has his way, that could become a reality. The president called for a one-year, 10 percent cap on ...

Credit Card Interest Calculation: In today's world, the use of credit cards has increased significantly. Using them is also very easy – just a swipe and the payment is done. Most people, while ...

Earlier this week, President Donald Trump took to social media in support of a cap on credit card interest rates, saying Americans are being "ripped off" and proposing a one-year limit of 10%, ...

President Donald Trump's call for a 10% cap on credit card interest rates could impact access to credit cards for many American consumers while also impacting small businesses. Trump on Friday ...

U.S. President Donald Trump has called for credit card interest rates to be capped at 10 per cent — a move that could bring ...

EL PASO, Texas (KVIA)-- According to LendingTree, the average interest rate on credit cards is now nearly 24%. Last week, President Trump said on social media he wants a one-year cap on credit card ...

Bankers argue that the proposal is often framed as consumer‑friendly, but consumers could face reduced access to affordable credit. Some 47 percent of credit cardholders report having a credit card ...

On Friday, President Trump called for a one-year cap of 10% on credit card interest rates, set to begin Jan. 20. Without congressional legislation, implementing a rate cap would likely be challenging.

President Trump says that banks are ripping off Americans who use credit cards. Interest rates are at near-record highs, and Trump has called for a 10% cap on those rates starting today. But it's ...