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 ...

The U.S. Constitution gives Congress the power to write laws regulating commerce and financial markets — including ...

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.

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

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

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

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 ...

NEW YORK(AP) — Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew ...