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Trump calls for 1 year cap on credit card interest rates

Trump's big swing at credit card interest rates targets a growing American problem

In a move that has been pushed for by lawmakers across the aisle, President Donald Trump on January 9 called for a one-year, 10% cap on credit-card interest rates.

Marketplace · 1d

More Americans burdened by long-term credit card debt, study says

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What Trump’s Credit Card Cap Means for Your Wallet

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Big Banks Report Soaring Profits Amid Tensions With Trump Over Credit Card Interest Rates

The latest trio of big banks reported their results Wednesday — Bank of America, Citigroup and Wells Fargo — and while each of them do different flavors of banking the theme is the same: profits are u...

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Would Trump's 10% cap on credit cards hurt more than some imagine?

Las Vegas Sun · 22h

Trump’s proposed 10% cap on credit card APR could hurt low- and middle-income earners

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Republicans Aren't Interested In Trump's Idea To Cap Credit Card Interest Rates

Trump first pitched rate caps in a Truth Social post last week saying people were getting “ripped off” by credit card interest rates as high as 20 or 30%.

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Jackson neighbors rate the economy under President Trump

JPMorgan to Kick Off Earnings. Credit Cards Are In Focus.

20hon MSN

Long-term credit card debt is on the rise

Broadcast Retirement Network's Jeffrey Snyder discusses the rise in long-term credit card debt with Bankrate's Ted Rossman. Ted, Happy New Year. Great to see you this morning.

2don MSN

High earners have credit card debt, too. But they won't admit it.

Credit card debt is an embarrassment to many Americans. It is especially embarrassing, apparently, to people who earn a lot.

Lawmakers push 10% credit card rate cap as consumer debt hits record high | Dollars & Sense

Paley said high rates make it difficult for people to make progress on paying down balances, especially when interest compounds month after month.

How can I get rid of my credit card debt?

Nevada ranks 11th in the nation for credit card debt, with the average resident carrying nearly $7,700 in balances, according to a LendingTree study from late last year. For many families, these numbers translate into real financial stress.

Former Mayor Lori Lightfoot sued over credit card debt

Former Mayor Lori Lightfoot was served at her Chicago home in October with a lawsuit from JPMorgan Chase Bank for allegedly failing to pay about $11,078 in bills.