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 ...
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 ...
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 ...
A Josh Hawley-Bernie Sanders Mind Meld
They want a 10% cap on credit-card rates that would mean less credit.
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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 ...
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Interest rates: What does a 0.25% cut mean for your mortgage, savings and bills?
The Bank of England (BoE) have today announced their base rate is to be cut 25 basis points, leaving the Bank Rate - what we might simply call the interest rate - at 4.5 per cent, the lowest it has ...
Bipartisan bill would cap credit card interest rates at 10%
Sen. Bernie Sanders (I-Vt.) and Sen. Josh Hawley (R-Mo.) are expected to introduce bipartisan legislation in the Senate 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 ...
R Street Institute13hOpinion
Hawley and Sanders team up to fight credit card interest rates. Instead, they risk harming consumers.
Sen. Josh Hawley (R-Mo.) and Sen. Bernie Sanders (I-Vt.) introduced bipartisan legislation to cap credit card interest rates.
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 ...