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A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
The median annual percentage rate (APR) on credit cards is near 25%. Credit card companies charged consumers more than $105 billion in interest in 2022, according to the Consumer Financial Protection ...
Sens. Bernie Sanders (I-VT) and Josh Hawley (R-MO) introduced a bill on Tuesday aiming to cap credit card interest rates at 10%. President Donald Trump backed lowering credit card interest rates ...
Amid surging credit card interest rates and rising delinquencies, a bill with bipartisan support would cap rates at 10%, about half the current average, for five years. The legislation would ...
Small-cap firms rely heavily on bank lending and floating-rate debt. When policy rates decline, refinancing becomes less expensive, interest burdens fall, and cash flow flexibility improves.
Despite the Federal Reserve's recent cuts, credit card interest rates have been hovering near record highs. A new bipartisan bill would cap them at a dramatically lower figure, but experts say it may ...
WASHINGTON - Sens. Bernie Sanders, I-Vt., and Josh Hawley, R-Mo., introduced a bill on Tuesday that would cap credit card interest rates at 10% − an effort by two lawmakers who rarely see eye to eye.
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