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politics17h ago
Trump calls for a 10%, one-year cap on credit card interest rates: ‘AFFORDABILITY!’
Nypost.com and 8 more
- Trump's one-year cap at 10% on credit card interest would redefine affordability rules, drawing mixed reactions from lawmakers this week.
- Officials warn a 10% cap could curb credit access and hit rewards programs, affecting consumers who rely on benefits.
- Industry groups warn a cap could push buyers toward higher-cost, less-regulated options, narrowing affordable credit choices.
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