If the Hawley–Sanders legislation passes, the government will set a price cap on what credit card companies charge for loaning money. If the companies perceive that the price is too low to offset the ...

In a bipartisan effort, Sen. Josh Hawley (R-Missouri) is teaming up with Sen. Bernie Sanders (I-Vermont), introducing a bill on Tuesday that would cap credit card interest rates at 10%.

Most generations increased their average FICO Score by a single point in 2024, although Generation X, currently carrying more debt than other generations, remained at its 2023 average score. (The ...

New legislation pointed at capping credit card interest rates at 10% will erase card rewards for most consumers, financial ...

There's a bipartisan debate underway in Congress to potentially cap credit card interest rates — and it involves an unlikely ...

Deferred interest is when your interest payments are placed on hold for a specific amount of time. But if you don't pay off the balance in full by the time your deferred interest window closes, you ...

The Trump administration’s policies could indirectly impact borrowing costs. Also, the costs of goods and services could rise if Trump implements tariffs on Mexico and Canada. As a result of higher ...

Josh Hawley, Bernie Sanders Propose Capping Credit Card Interest Rates at 10% A new bipartisan bill introduced by a pair of ...

Despite what Fed officials, economists, and their media enablers tell you, there’s no such thing as costless credit. This is ...

A new bill sponsored by Sens. Sanders and Hawley would cap credit card APRs, but that could reduce access to credit and ...

There's a new bill getting bipartisan support in Congress and it could have a big effect on your wallet. It would cap credit card interest rates at 10 percent. Senators Bernie Sanders and Josh Hawley ...

In an unexpected move, two senators from opposite ends of the political spectrum are joining forces to tackle high credit ...