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The recently proposed caps on credit card interest rates may sound appealing on the surface. Who wouldn’t want to be guaranteed a prime rate for any credit card? Unfortunately, the reality of ...

Reward programs are growing ever more complex, while AI and Gen Z will begin exerting even more influence on the market. Many or all of the products on this page are from partners who compensate us ...

If enacted, President Donald Trump's proposal for a temporary 10% cap on credit card interest rates could change many policies for borrowers. Among them: how issuers decide to value credit card points ...

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 ...

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 ...

JPMorgan Chase CEO Jamie Dimon issued a stern warning about President Donald Trump's credit card rate cap at the World Economic Forum in Davos on Wednesday, saying that it would be an "economic ...

President Donald Trump says he’s keeping a campaign promise to make carrying credit-card debt cheaper for Americans, writing in a social-media post Friday night that he would cap interest rates on ...

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 ...