New legislation in Congress that would cap credit card interest rates at 10% that has the backing of President Trump could ...

A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...

Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of ...

On Tuesday, two U.S. senators proposed a bill that would cap credit card interest rates at 10%. While a 10% cap would help consumers exponentially with their credit card debt, it could have ...

Amid surging credit card interest rates and rising delinquencies, a bill with bipartisan support would cap rates at 10%, about half the current average, for five years. The legislation would ...

Our opinions are our own. A low interest credit card saves you money by reducing the cost of debt: When you're paying less in interest, you can pay back what you've borrowed more quickly.

A new bipartisan bill introduced by a pair of senators would cap credit card interest rates in an effort to help consumers and fulfill one of President Donald Trump's campaign promises.

Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card interest rates at 10% this past Tuesday. The legislation would be in ...

Sens. Bernie Sanders (I-VT) and Josh Hawley (R-MO) introduced the bill on Thursday that would cap credit card interest rates for five years. The bill has been referred to the Committee on Banking ...

Credit card companies charged consumers more than $105 billion in interest in 2022, according to the Consumer Financial Protection Bureau. Capping credit card interest rates could limit borrowers ...