Trump proposes a 10% credit card interest cap to stop Americans being “ripped off”. Explained: how it works, potential savings, risks, bank backlash, and whether it truly reduces debt.

Trump’s proposed plan to cap credit card interest rates at 10% for a year could save consumers money, but experts warn of tighter lending and higher fees.

Losing a job with $30,000 in credit card balances and a $10,000 write off on the table is the kind of offer that feels like a lifeline and a trap at the same time. In an economy where layoffs are still rippling through multiple sectors and interest costs are climbing,

INDIANAPOLIS (WISH) — If you’re feeling overwhelmed by credit card debt, you’re not alone. Millions of Americans are in the same boat, swiping cards to cover basic needs and struggling to keep up with growing balances. But financial experts say there ...

By now, a lot of Americans are getting their credit card bills after the holidays. According to Lending Tree, the average American racked up more than $1,200 in new credit card

President Donald Trump’s unexpected demand for a cap on credit card interest rates sent financial shares tumbling this week, leaving the heads of Wall Street’s biggest lenders fielding a swarm of questions on their quarterly earnings calls.