Capping credit card interest rates at 10% could save consumers billions of dollars, but potentially hurt lower-income Americans, experts said.

A proposal floated by President Trump to temporarily cap credit card interest rates at 10% has opened debate over how much relief borrowers could actually see.

Trump's year-long cap on credit card interest is "well-intentioned," say experts, but it poses significant risks.

President Donald Trump noted at the Detroit Economic Club that he's calling to cap credit card rates at 10 percent for a year. But banks are pushing back.

The credit card world is still trying to interpret exactly what President Donald Trump’s call to place a 10% cap on credit ...

The president's proposal could help consumers save billions of dollars and pay off debt faster. But financial experts say it could also make it harder for consumers with lower credit scores to get ...

President Donald Trump, speaking at the World Economic Forum, said he wants Congress to temporarily cap credit card interest ...

Trump’s proposed plan to cap credit card interest rates at 10% for a year could save consumers money, but experts warn of tighter lending and higher fees.

Explore how credit card teaser rates work, their benefits, potential pitfalls, and smart strategies for consumers.

The most influential person in modern banking didn’t hold back about what he thinks of President Trump’s planned 10% cap on ...

President Donald Trump has floated the idea of putting a one-year cap on credit card interest rates at 10%. "They've really abused the public," Trump told reporters aboard Air Force One Monday, ...

President Trump's proposal to cap credit card interest rates is a move that could lower costs for millions who carry debt. often just to cover basic necessities.