Tuesday was a deadline for President Donald Trump's 10% cap on credit card interest rates. Now he's calling on Congress to ...
President Donald Trump called for a 10% cap on credit card interest rates. Here's what experts say that could mean for ...
JPMorgan CEO Jamie Dimon said a temporary interest rate cap could limit credit access for millions of Americans.
A proposal floated by President Trump to temporarily cap credit card interest rates at 10% has opened debate over how much relief borrowers could actually see.
The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.
Many credit cards offered by major retailers continue to charge exorbitant annual percentage rates, despite moves by the Federal Reserve to lower interest rates in the economy. In a report released ...
"It would be an economic disaster, and I'm not making that up because our business … we would survive it, by the way," JPMorgan CEO Jamie Dimon said at the World Economic Forum last week. Dimon added ...
Many Americans with credit card debt, especially high earners, lie about the amount they owe. The average credit card debt is $7,321 with an average interest rate of 21.4%, contributing to a national ...