Put A Lid On It: The Sanders-Hawley Bill Wants To Cap Credit Card Rates. Here’s What You Need To Know
A political odd couple is joining forces to lower credit card interest rates. Sen. Bernie Sanders (I-Vt.) and Sen. Josh Hawley (R-Mo.) unveiled a bill that would cap credit card interest rates at 10%.
A new bill in Congress would cap credit card interest rates at 10%. But the limits could harm consumers, experts warn
A new bill sponsored by Sens. Sanders and Hawley would cap credit card APRs, but that could reduce access to credit and credit card rewards programs.
Would a 10% Credit Card Interest Rate Cap Be a Totally Good Thing for Consumers?
Factors like your debt-to-income ratio, your income and existing debt all influence the interest rate on your credit card. And consumers who are considered high-risk are approved with a higher interest rate as a way for banks and issuers to compensate for the possibility of default.
This Week In Credit Card News: Senators Propose 10% Cap On Interest Rates
Josh Hawley, Bernie Sanders Propose Capping Credit Card Interest Rates at 10% A new bipartisan bill introduced by a pair of senators would cap credit card interest rates in an effort to help consumers and fulfill one of President Donald Trump’s campaign promises.
A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates would have unintended consequences.
Credit card rewards at risk with new interest rate limit legislation
A new bill to cap credit card interest rates at 10% could erase card rewards for consumers, financial experts told the Washington Examiner.
Legislation introduced to cap interest rates on credit cards
There is a bipartisan push in congress to limit interest rates on credit cards to ten percent. While this might face an uphill climb, President Trump did back a credit card cap on the campaign trail.
Hawley/Sanders Credit Card Interest Cap Is a Gift to Payday Lenders and Loan Sharks
It would be nice if one of our two major political parties was consistent in its advocacy for free markets—for all freedom, for that matter. Instead, we get two senators, a Republican and a socialist who sits with the Democrats,
Why Transferring Credit Card Debt Won’t Pay It Off
A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for ...
The Pros and Cons of a 0% Balance Transfer
Usually, 0% balance transfer cards offer a 0% rate for a limited period, such as 12 to 18 months. You can structure your debt ...
CNET29d
You Can Pay Off Debt Faster in 2025 With a Balance Transfer Card – but Only if You Remember This
While a balance transfer credit card has its risks, it can help you avoid interest charges when chipping away at your debt.
CNBC6d
7 best no annual fee credit cards of February 2025
The best no ... cards can offer competitive rewards programs, intro 0% APR periods and low interest rates. Depending on your spending habits, they could provide more value than a premium ...