Tag: Credit Cards
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Should Credit Card Interest Be Capped at 10%? A Closer Look
Introduction: A bold proposal and what it could mean President Donald Trump recently floated a policy idea to cap credit card interest rates at 10%. The move drew immediate attention from consumers who struggle with high balances and from lenders who warn about unintended consequences. As with any major financial policy, the question isn’t just…
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Will a 10% Credit Card Interest Cap Help or Hinder? An Expert Look
Overview: The 10% cap proposal President Donald Trump’s proposal to cap credit card interest rates at 10% has sparked a wide range of reactions from economists, consumer advocates, and lenders. The core idea is straightforward: set a hard ceiling on the annual percentage rate that credit card issuers can charge, with the aim of reducing…
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Cam Whitnall on Freebies, Kenya, and Living Card-Only: A Peek Into a Generous Mind
Introduction: Freebies, travel, and a generous mindset Cam Whitnall isn’t your average travel enthusiast. He’s built a reputation around the idea that freebies aren’t just perks they’re potential doors to new experiences. In a recent conversation, Cam opened up about a remarkable trip to Kenya valued at £30,000 and how a philosophy of generosity shapes…
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Cam Whitnall: Freebies, Kenya Trip, and Charity-First Wallet Habits
Cam Whitnall: A Freebie-First Mindset Meets Real-World Generosity Cam Whitnall has become a name many in the finance and travel circles watch closely for how generosity and savvy spending intersect. Known for turning free opportunities into high-impact experiences, Cam recently highlighted a trip to Kenya valued at £30,000 as a testament to the power of…
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Trump proposes 10% cap on credit card interest rates
Trump proposes a temporary 10% cap on credit card interest Former President Donald Trump has floated a policy idea that would cap credit card interest rates at 10% for one year. Speaking to reporters aboard Air Force One, he argued that credit card companies have “really abused the public” and suggested that such a temporary…
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Apple Card to Move From Goldman Sachs to JPMorgan Chase: What It Means
Overview: A High-Stakes handoff in fintech The Wall Street Journal reports that JPMorgan Chase has reached a deal to take over the operation of the Apple Card from Goldman Sachs, with an official announcement expected after more than a year of negotiations. If confirmed, the shift would mark a notable change in the consumer finance…
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UOB Visa Infinite Metal Card Extends 60,000 Miles Welcome Offer: What Travelers Need to Know
Overview: A Desirable Welcome Offer Returns The UOB Visa Infinite Metal Card is back in the spotlight with an enticing extension of its welcome offer. After a period of churn in 2023, UOB has consistently refreshed the miles-based welcome rewards to attract frequent travelers and big spenders. The latest extension brings a 60,000 miles welcome…
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Toronto Lawyer’s Debt Wake-Up: Mental Health & Finances
Overview Ella, a 44-year-old lawyer based in the Toronto area, faced a sudden financial crisis after a mental health episode that led to substantial overspending and the cancellation of several credit cards. With an annual income of about $210,000, her situation shows that even high earners are not immune to the financial and emotional toll…
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Toronto-area Lawyer Faced Large Overspending After Mental Health Episode
Overview A 44-year-old lawyer in the Toronto area, identified here as Ella, recently faced a significant financial setback after a mental health episode triggered an abrupt and substantial overspending spree. In response, she canceled several credit cards, taking an important step to regain control of her finances. The case highlights how mental health can intersect…
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Mastercard World Select Debuts in Singapore with Citi PremierMiles Card
Introduction: A New Mastercard Tier in Singapore Singapore’s credit card landscape is always evolving, and Mastercard’s latest move introduces a new dynamic for savvy spenders. Mastercard World Select debuts in Singapore in partnership with Citi, combining Mastercard’s premium World tier with Citi’s Citi PremierMiles Card. The launch aims to streamline benefits for frequent travelers and…