A Forbes report explained that a cap on interest rates — which can serve as a tool for pricing risk — wouldn’t simply shield lower-income Americans from relatively high rates. Instead, a cap would ...
With more people facing mounting debt and credit card balances, financial experts say consumers need a rate reality check that could lead to significant savings.
Steve Forbes lays out the unintended consequences of President Trump’s proposal to cap credit card interest rates at 10%. A consumer is crushed under oversized credit card while opening up his credit ...
This browser does not support the Video element. President Trump has proposed capping credit card interest rates at 10% APR for a year. The cap could help borrowers pay off credit card debt faster ...
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