Tuesday was a deadline for President Donald Trump's 10% cap on credit card interest rates. Now he's calling on Congress to ...
You don't need an act of Congress to lower your APR today. Learn the specific terms that trigger lower rates immediately.
You may have more power than you think to challenge your high interest rate, particularly if you have a strong credit score and payment history.
President Donald Trump called for a temporary 10% cap on credit card interest rates but did not provide details on how his plan would come to fruition or how he planned to make credit card issuers ...
President Donald Trump’s proposal to cap credit card interest rates at 10% would likely lead to a reduction in rewards, especially for consumers with less-than-stellar credit.
NEW YORK (AP) — Fintech giant Bilt announced an overhaul of its credit cards on Wednesday, which notably will include an introductory rate on all card users’ interest rates at 10% for one year. The ...
On Friday, Jan. 9, President Trump shared a message on Truth Social calling for a credit card interest rate cap starting Jan. 20, 2026 — just 11 days after posting. His proposal would cap rates at 10% ...
Industry experts agree that a 10% interest rate cap could lead to the cancellation or severe restriction of credit card accounts for up to 90% of cardholders – specifically those with credit scores ...
President Trump revived a campaign promise to cap interest rates, but it is unclear how he would make that a reality. By Stacy Cowley and Niko Gallogly Banks and lenders have been in a tizzy ever ...