Tag: credit card rates
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Trump Proposes 10% Cap on Credit Card Interest to Boost Affordability
Overview of the Proposal Former President Donald Trump has renewed his push to make consumer debt more affordable by proposing a one-year ceiling on credit card interest rates. In a post on Truth Social, Trump argued that Americans are being “ripped off” by high credit card costs and urged lawmakers to implement a temporary 10%…
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Trump Urges 10% Cap on Credit Card Rates in New Affordability Push
Trump Proposes a One-Year 10% Cap on Credit Card Rates In a renewed appeal focused on consumer affordability, former President Donald Trump on Friday called for a one-year cap of 10% on credit card interest rates. The proposal, announced via a Truth Social post, aims to shield borrowers from what he described as a rising,…
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Trump Pushes 10% Cap on Credit Card Rates to Tackle Affordability Concerns
Overview of the Proposal Former President Donald Trump has renewed his push on consumer affordability by calling for a one-year cap of 10% on credit card interest rates. In a post on Truth Social, Trump argued that American households are being “ripped off” by high borrowing costs and urged swift action to shield consumers from…