A rate cap will almost certainly do more harm than good, and the Americans who will be hurt the most are the people such a ...

Two weeks ago, President Donald Trump shocked the banking industry by announcing his support for capping credit card interest ...

President Donald Trump called for a 10% cap on credit card interest rates. Here's what experts say that could mean for cardholders, if implemented.

Capping borrowing costs in the US has bipartisan support, but experts warn of unintended consequences.

Bank of America is considering whether to offer a credit card with interest capped at 10% for a year, a source told NBC News ...

President Donald Trump recently told the credit card industry that it had until Jan. 20 to comply with his demand for a 10% ...

Merchants have mostly been silent on President Trump's call for a cap on credit-card interest rates. But they'd take a "huge ...

JPMorgan CFO Jeremy Barnum warned that President Trump's proposed 10% credit card interest rate cap could hurt the economy and reduce access to credit for consumers who need it most.

Regardless of what happens to the proposed credit card interest rate cap, a better credit score gets you access to better rates.

Earlier this week, President Donald Trump took to social media in support of a cap on credit card interest rates, saying Americans are being "ripped off" and proposing a one-year limit of 10%, ...

Forbes contributors publish independent expert analyses and insights. Hersh Shefrin analyzes how psychology impacts markets and policy. Form showing credit card high interest rates. (Photo by: Michael ...

US President Donald Trump has called for a one year cap on credit card interest rate charges at 10% – around half of the average current US rate – starting from January 20.