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 ...

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 ...

Trump proposed a one-year 10% cap on the interest rates that American credit card companies can charge customers. Shares of Citigroup, JPMorgan Chase, Wells Fargo, Bank of America, Visa, Mastercard, ...

President Trump's latest proposal concerns a cap on credit card interest rates, but I believe it is unfeasible. A 10% cap would eliminate U.S. cashback programs, restrict credit access for riskier ...

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 ...

President Donald Trump's call for a 10% cap on credit card interest rates could impact access to credit cards for many American consumers while also impacting small businesses. Trump on Friday ...

A decades-long drive to cap credit card interest rates has received a sudden jolt from President Donald Trump — and widespread pushback from banks. Trump said Friday he wants to put a one-year 10% cap ...

House Speaker Mike Johnson, R-La., pushed back on a proposal from President Donald Trump to cap the interest that credit card companies can charge borrowers. "I talked with him about it briefly ...

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 ...