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 ...
Would a 10% Credit Card Interest Rate Cap Be a Totally Good Thing for Consumers?
Factors like your debt-to-income ratio, your income and existing debt all influence the interest rate on your credit card.
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 ...
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 ...
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Consumer Alert: Unlikely allies team up, aiming to cap credit card rates
In an unexpected move, two senators from opposite ends of the political spectrum are joining forces to tackle high credit ...
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 ...
Bernie Sanders floats bipartisan bill to fulfill Trump campaign promise. Critics say it's 'pandering.'
At a time when Americans have amassed over $1 trillion in credit-card debt and delinquency rates are high, a new bill from Sen. Bernie Sanders of Vermont and Sen. Josh Hawley of Missouri would curb ...
What is a good, bad, and ugly credit score? Key differences explained
It is also clear that a poor credit score can significantly undermine the financial prospects of an individual and his or her ...
Interest rates cut to 4.5% by Bank of England - what it means for your money
Homeowners were given a welcome boost today as the Bank of England reduced interest rates by 0.25 percentage points to 4.5%.
Pound Sterling plummets as BoE reduces interest rates, with 9-0 vote split
The Pound Sterling stabilizes against its major peers, except safe-haven assets, ahead of the BoE’s monetary policy on ...
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Credit Card Giants Drain Billions: Can Congress Take Action?
A bipartisan coalition of legislators want to break up an alleged duopoly of Visa and Mastercard in the payment processing ...
Your Tax Refund Is NOT Play Money—Here's How to Flip It Into More Cash
The average tax refund in 2024 is hovering around $3,000, with only 40% planning to put it into savings according to Credit Karma’s recent tax survey. That’s not just shopping money – that’s ...