A proposed federal cap on credit card interest rates could drastically reduce Americans' access to credit and hurt the U.S.

President Trump has proposed capping credit card interest rates at 10% APR for a year. The cap could help borrowers pay off credit card debt faster with less interest. But analysts say lenders may ...

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 ...

President Donald Trump has suggested temporarily capping credit card interest rates at 10%, a proposal that could significantly lower borrowing costs for millions of Americans but would require ...

The market for premium cards is already hot. President Trump’s call for a temporary cap on credit-card interest rates could make it hotter. In recent years, competition has been intensifying for ...

Bankers argue that the proposal is often framed as consumer‑friendly, but consumers could face reduced access to affordable credit. Some 47% of credit cardholders report having a credit card balance, ...

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 ...

On Friday, President Trump called for a one-year cap of 10% on credit card interest rates, set to begin Jan. 20. Without congressional legislation, implementing a rate cap would likely be challenging.

President Donald Trump called for credit card companies to cap interest rates at 10%, roughly half the industry average, effective Jan. 20. That date arrived, and credit card rates have hardly budged.

President Donald Trump has floated the idea of putting a one-year cap on credit card interest rates at 10%. "They've really abused the public," Trump told reporters aboard Air Force One Monday, ...