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Trump, Cap and credit card

Digest more
 · 4d · on MSN
Trump's 10 percent cap on credit cards may hurt more than some imagine
President Donald Trump noted at the Detroit Economic Club that he's calling to cap credit card rates at 10 percent for a year. But banks are pushing back.

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Opinion
 · 5d
Why A 10% Credit Card Rate Cap Would Matter Most For Minimum Payers
 · 2d
As Trump's Deadline for a Cap on Credit Card Rates Looms, Banks Have Only Questions and No Answers
13d

Credit card interest rate forecast for 2026: Rate cuts will bring little relief to cardholders

For example, the Prime Rate is currently 6.75%. There’s nothing preventing a card issuer from tweaking a new customer offer ...
USA Today
1y

The real reason for record-high credit card rates? It's not what you think.

The average credit card rate is 20.51%, Bankrate reports. That’s a hair below the all-time record, 20.79%, set in August. Card rates are so high, in part, because of the Federal Reserve. The ...

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