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Capping credit card interest rates

As Trump’s deadline for a cap on credit card rates looms, banks have only questions and no answers

President Donald Trump a week ago told the credit card industry it had until Jan. 20 to comply with his demand for a 10% cap on interest rates.

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· 1d · on MSN

Bank of America considers new credit card capped at 10% interest

ConsumerAffairs · 3d

Can President Trump really cap credit card interest rates at 10%?

Rep. Anna Paulina Luna pushes for bipartisan bill capping credit card interest rates at 10%

Earlier this month, President Trump ordered banks to lower credit card interest rates to 10%.

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Bank of America, Citigroup Weigh New Credit Cards With 10% Rate

What does Pres. Trump's credit card cap mean for borrowers?