President Donald Trump called for a 10% cap on credit card interest rates starting Jan. 20. Here's what we know.
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Trump, AOC and Bernie: Capping credit card rates unites right and left as banks issue warnings
Consumer advocates have long pushed for some limits on credit card rates with little success. Banks have argued that any caps ...
Trump's year-long cap on credit card interest is "well-intentioned," say experts, but it poses significant risks.
President Donald Trump proposed a temporary 10 percent cap on credit card interest rates in January, 2026. So did senators ...
But these advantages come with serious trade-offs. Miss a payment or fail to manage multiple cards properly, and you'll face expensive interest charges that can quickly spiral into unmanageable debt.
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