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Trump Wants 1-Year Cap On Credit Card Interest Rates

What Trump's 10% credit card rate cap would mean for consumers

President Trump's proposal to cap credit card interest rates at 10% for one year could save consumers billions of dollars but hurt Americans with lower credit scores, according to financial experts.The idea,

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Proposed 10% cap on credit‑card rates could save borrowers money but limit access to credit

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Trump calls for a 10% cap on credit card interest rates

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Trump plan to cap credit card costs hits bank shares

Shares in banks and credit card firms have fallen after US President Donald Trump called for credit card costs to be capped.

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Bill Ackman concerned about Trump's proposal to cap credit card interest rates

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Trump warns credit card firms ahead of January 20 10% rate cap

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JPMorgan CFO warns Trump's proposed credit card cap could cause people to 'lose access to credit'

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.

Your Chances of Raising Your Credit Limit May Be Better Than You Think

A great time to request a credit limit increase is when your credit score moves FICO score ranges. For example, if you go from fair credit to good credit or very good credit to exceptional credit, that's a great time to ask. It shows lenders you're responsibly managing your credit.