President Donald Trump called for a 10% cap on credit card interest rates starting Jan. 20. Here's what we know.
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.
President Donald Trump has called for a temporary 10% cap on credit card interest rates, but did not provide details on how ...
Trump is calling for a credit card interest rate cap of 10%. Here are some ways consumers can get funds if access to credit ...
About 3 in 5 cardholders (61%) with credit card balances have been in debt for at least a year — that’s up from 53% in late ...
For millions of Americans dealing with tight budgets in this high-cost environment, overdrafts have become an increasingly common source of financial stress. Banks collected billions in overdraft fees ...
While carrying a balance on your credit card should never be your first choice, it's growing increasingly unavoidable for many Americans. The most recent New York Fed report on household debt and ...
Paul Soucy has led the Credit Cards content team at NerdWallet since 2015 and the Travel Rewards team since 2023; he is also director of content for Consumer Credit verticals. He was an editor with ...
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ ...
If you've got credit card debt, a balance transfer offer can look like a lifeline -- a way to pause interest and finally get ahead. But what if one card's limit isn't high enough? Would spreading your ...
I use Chase and have noticed lots of cards are offering to split big purchases into monthly payments that are less than your regular interest rate, in exchange for a fixed fee. If I pay more than that ...