A new bill in Congress would cap credit card interest rates at 10%. But the limits could harm consumers, experts warn
A new bill sponsored by Sens. Sanders and Hawley would cap credit card APRs, but that could reduce access to credit and credit card rewards programs.
Trump Promised a Cap on Credit Card Interest Rates. Here’s His Chance.
Senators Bernie Sanders and Josh Hawley say they will propose a 10 percent limit on credit card interest rates.
Hawley, Sanders push for 10 percent cap on credit card interest
Sens. Josh Hawley (R-Mo.) and Bernie Sanders (I-Vt.) introduced a bill on Tuesday seeking to cap credit card interest rates at 10 percent. “Credit card interest rates are out of control. Rates
Bernie Sanders, Josh Hawley introduce bill to cap credit card interest rates. What to know
Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card interest rates at 10%.
Bipartisan bill would cap credit card interest at 10%
A new bipartisan bill is aimed at giving consumers a break when it comes to credit card interest rates, capping them at 10%.
Senators move to cap interest rates on credit cards at 10%
A pair of senators are pushing a bill that would cap interest rates on credit cards in a move that would deliver on a campaign promise from President Trump.
Sanders and Hawley introduce bill to cap credit card interest rates at 10%
Sanders and Hawley’s bill comes after President Donald Trump vowed in the 2024 race to temporarily cap credit card interest rates at 10%.
The Pros and Cons of a 0% Balance Transfer
Usually, 0% balance transfer cards offer a 0% rate for a limited period, such as 12 to 18 months. You can structure your debt ...
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12 Best 0% APR Credit Cards of February 2025
Our opinions are our own. A zero-percent or 0% APR credit card saves you money by stopping the clock on interest for a year or more. Got a big expense coming up? Put it on one of these ...
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You Can Pay Off Debt Faster in 2025 With a Balance Transfer Card – but Only if You Remember This
While a balance transfer credit card has its risks, it can help you avoid interest charges when chipping away at your debt.
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13 best 0% APR credit cards of February 2025
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. A credit card with a no-interest period can be a valuable tool for financing purchases and ...
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10 Best Low Interest Credit Cards of February 2025
Our opinions are our own. A low interest credit card saves you money by reducing the cost of debt: When you're paying less in interest, you can pay back what you've borrowed more quickly.
The senators want to cap interest at 10%, fulfilling a campaign promise made by President Donald Trump
Political odd couple Josh Hawley and Bernie Sanders on Wednesday announced they are jointly sponsoring a bill that would force credit card issuers to cut interest rates to 10%, which would ostensibly ...