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Trump Pushes a 1-Year, 10% Cap on Credit Card Interest Rates

Trump calls for a 10% cap on credit card interest rates

President Donald Trump has floated the idea of putting a one-year cap on credit card interest rates at 10%.

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· 4d · on MSN

Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk

ConsumerAffairs · 3d

Trump shifts focus from housing to credit-card debt, dreams of a 10% interest rate

Donald Trump hits banks where it hurts: their credit card divisions

On Friday, the US president vowed to cap credit card interest rates at 10 per cent, less than half where they sit now.

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Hiltzik: Trump is demanding a 10% cap on credit card interest. Here's why that's a lousy idea