The White House has criticized JPMorgan Chase CEO Jamie Dimon over the "criminal" interest rates the bank charges.
President Donald Trump's support of legislation that would cap credit card interest rates at 10% has flagged in recent weeks, ...
President Donald Trump called for a 10% cap on credit card interest rates. Here's what experts say that could mean for ...
President Trump's proposal to cap credit card interest rates at 10% for one year could save consumers billions of dollars but hurt Americans with lower credit scores, according to financial experts.
President Donald Trump called for credit card companies to cap interest rates at 10%, roughly half the industry average, effective Jan. 20. That date arrived, and credit card rates have hardly budged.
The recent 10% credit-card interest-rate cap proposed by Donald Trump triggered a frenzy of responses from the financial giants. JPMorgan Chase CEO Jamie Dimon warned of an “economic disaster,&r ...
Credit card interest can take a balance that seems manageable and make it balloon — sometimes into an amount that feels totally untenable. Part of the problem is how steep interest rates can be, often ...
A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, pressure bank profits ...
While President Donald Trump’s proposed 10% cap on credit card interest rates might seem appealing at first to consumers, it’s important to remember that not everything that glitters is gold. From the ...
Senator Bernie Sanders calls Wall Street credit card practices 'usury' as major banks profit from 24% average rates while borrowing at 4% from Fed.
Among cardholders who revolve balances or use credit cards to finance large purchases they can’t afford, who wouldn’t want a significant cut in the interest rate--which often ranges between 20% and 24 ...