There is a lot in the news right now about high interest rates and unaffordability. But the rates aren’t the main problem.

The report indicated that analysts from Morgan Stanley recently wrote in a research note that — outside of Bread Financial Holdings — a 10% cap on card rates would harm Synchrony more than any other ...

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 ...

Industry experts agree that a 10% interest rate cap could lead to the cancellation or severe restriction of credit card accounts for up to 90% of cardholders – specifically those with credit scores ...

A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, pressure bank profits ...

Credit card interest can take a balance that seems manageable and make it balloon — sometimes into an amount that feels totally untenable. Part of the problem is how steep interest rates can be, often ...

NEW YORK (AP) — Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars. However, it ...

President Donald Trump called for a temporary 10% cap on credit card interest rates but did not provide details on how his plan would come to fruition or how he planned to make credit card issuers ...

WASHINGTON, Jan 10 (Reuters) - U.S. President Donald Trump said on Friday ‌he was calling for a one-year cap on credit card ‌interest rates at 10% starting on January 20 but he did not provide details ...