Perhaps feeling the heat of “affordability” concerns, President Donald Trump recently revived one of those bad ideas that never seem to die: a cap on credit card interest rates. His current proposal ...

Many actions can affect your credit score, such as if you pay your bills on time or how much available credit you have. Also on that list: credit card transitions — when your card issuer changes ...

WASHINGTON — President Donald Trump's headline-grabbing ultimatum for a 10% interest rate cap on credit cards failed to materialize by his self-imposed deadline of January 20th. Processing Content ...

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. By Ann ...

The reintroduction of the Credit Card Competition Act in January 2026 has major implications for the U.S. payments infrastructure, with the potential to fundamentally alter the competitive dynamics of ...

President Trump, under pressure to bring down the painfully high cost of living, announced at Davos that he is calling on Congress to cap credit card interest rates at 10 percent for one year. Its ...

The bipartisan Credit Card Competition Act, reintroduced earlier this month, is supported by the restaurant industry but opposed by credit unions. The Credit Card Competition Act — first introduced in ...

Sign up for our daily newsletter to get two stories in your inbox every weekday, plus a best-of-the-week roundup on Sundays. Opt out any time. Constant Contact Use ...

As part of a series of efforts to make life more affordable, President Donald Trump aims to help Americans with credit-card debt. After demanding on social media that credit-card lenders cap interest ...

Bank of America is considering whether to offer a credit card with interest capped at 10% for a year, a person familiar with the bank’s thinking told NBC News on Thursday. President Donald Trump ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Debit and credit cards may look the same at checkout, both ...

At the World Economic Forum in Davos, President Donald Trump called on Congress to cap credit card interest rates at 10%, a policy which Sen. Bernie Sanders already proposed through legislation. There ...