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Trump's credit card interest rate cap could mean 'diminished' rewards, points and miles
President Trump called for a 10% cap on credit card interest rates, effective Jan. 20, the anniversary of his inauguration. Points and miles expert Tiffany Funk says the rate cap could mean fewer ...
Among cardholders who revolve balances or use credit cards to finance large purchases they can’t afford, who wouldn’t want a significant cut in the interest rate--which often ranges between 20% and 24 ...
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 ...
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