President Trump has called for a 10% cap on credit card interest rates. What to know to get a lender's best rates sooner.
Farmington Hiills-based GreenPath Financial Wellness sees many consumers who turned to credit cards to make ends meet once prices shot up.
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.
President Donald Trump noted at the Detroit Economic Club that he's calling to cap credit card rates at 10% for a year.
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 ...
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Whether interest rates are rising or falling, a high credit score consistently places you in the lowest-risk category in ...
When politicians promise to “crack down” on credit card companies, your wallet is usually caught in the crossfire. President Trump’s latest move is a classic example. He wants a one-year hard cap of ...
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 ...