Young and the Invested on MSN
Wall Street's reaction to the 10% APR cap on credit cards idea
This article discusses President Donald Trump's recent call for a one-year cap of 10% on credit card interest rates and the reactions from Wall Street and financial analysts.
At first glance, proposals like the Credit Card Competition Act and President Donald Trump’s idea to cap credit card interest ...
A proposal pitched as a way to help consumers struggling with interest rates is unsettling the financial sector. As President ...
Implementing a 10 percent cap on credit card interest rates would result in a significant reduction in credit availability, ...
Sen. Bernie Sanders (I-VT) calls credit card lending “extortion and loan sharking,” comparing lenders to the usurers Dante ...
Trump's proposal for federal 10% credit card interest rate cap fails a test that economics students can pass.
Small businesses employ nearly half of America’s workforce and generate roughly 43% of U.S. economic output. But they cannot grow, hire, or survive without reliable access to capital and credit. Any ...
Trump’s apparent support for even a temporary rate cap on cards channels comments he made on the campaign trail and evokes the spirit of a bipartisan bill introduced by U.S. Sens. Bernie Sanders and ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results