Trump Calls for 10 Percent Credit Card Interest Cap
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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.
You can stop bleeding interest on credit card debt with one of these cards, allowing you to transfer a balance and not pay interest for as long as 24 months.
For example, the Prime Rate is currently 6.75%. There’s nothing preventing a card issuer from tweaking a new customer offer from Prime Rate + 13% up to Prime Rate + 13.25% if it wishes to mitigate the impact of a Fed rate cut and make more money from interest charges.
Half of Americans are in some sort of credit card debt. If that’s you and you’d like to change that in the New Year, 5 On Your Side is here to help.
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Credit card debt gets worse for older Americans
Credit card debt is a big problem for many Americans, and it gets even worse when you are older. A new survey shows that 52% of people aged 50 to 64 and 42% of those aged 65 to 74 carry credit card debt.
See why the Citi Simplicity Card earned our top balance transfer award for 2026 and how much it can save you when paying off debt.
This article originally published at South Texas woman sentenced after stealing $1.2M to cover credit card debt. The Mine debit card earns cash back, has no interest charges or hidden fees, and can help you build credit — but you do have to pay a membership fee.
Taking on too much credit card debt is all too easy, especially for students with lots of expenses and little income. Here's advice on paying it off.
Apple launched its first credit card in August 2019, and as of early 2024 the Apple Card had more than 12 million users. Whether you applied for the card to enjoy the cash back benefits, the privacy, or the special financing on Apple products, you might be wondering if it's possible to get an increase to your credit limit.
A 21-year-old woman turned to Reddit recently in frustration and disbelief after a single act of trust spiraled into a financial crisis. What started as a favor to her mother quickly became an $8,000 credit card nightmare,
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