President Trump is demanding a 10% cap on credit card interest rates to slash record debt. Current APRs exceed 21%, costing Americans billions. Trump set a January 20, 2026, deadline for banks to ...
WASHINGTON — President Donald Trump's headline-grabbing ultimatum for a 10% interest rate cap on credit cards failed to materialize by his self-imposed deadline of January 20th. Processing Content ...
Among cardholders who revolve balances or use credit cards to finance large purchases they can’t afford, who wouldn’t want a significant cut in the interest rate--which often ranges between 20% and 24 ...
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