A discount furniture store has announced it will close all of its remaining 89 stores after filing for bankruptcy.
His declaration requires congressional approval to become law and could restrict some consumers' credit availability.
Amid voter concern about the economy and affordability, President Donald Trump announced a new policy: a 10% cap on credit card interest rates for one year.
Trump's 10% credit card rate cap is meant to help struggling borrowers, but industry data shows 80% of accounts could be cut off, hitting those borrowers hardest.
With credit card interest rates near modern highs, President Trump says he wants to cap the rates for one year.
A 10% cap on interest rates could mean a big hit to earnings at companies like Capital One and Synchrony. But a Jefferies ...
U.S. financial stocks and UK-listed lenders fell on Monday as President Donald Trump's call for a one-year cap on credit card ...
A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for ...
Affirm shares jumped in early trading Monday before giving back gains as investors digested new risks for traditional credit ...
President Donald Trump says he wants a one-year, 10% cap on credit card interest rates. It's an idea that revives a campaign ...
Finding a personal loan can be more difficult if you have poor credit.
JPMorgan Chase will take over the Apple Card from Goldman Sachs, ending Goldman's consumer lending push and strengthening JPMorgan’s dominance in credit cards.