#interest-rate-caps

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#credit-cards #fintech #smb-lending #credit-card-debt #equal-credit-opportunity-act #price-controls
US politics
fromTearsheet
2 weeks ago

Micro case studies: The feud over interest rate caps and the murky future of agentic commerce - Tearsheet

Interest rate caps squeeze bank/card profitability and credit supply, creating growth opportunities for fintechs to capture underserved consumers and SMBs with tailored lending products.
#credit-cards
fromwww.mercurynews.com
2 weeks ago
US politics

Jill On Money: Can Trump cap credit card interest rates?

Credit card use is widespread, many pay in full, yet over $1.233 trillion remains outstanding and high interest rates drive calls for caps.
fromwww.mediaite.com
3 weeks ago
US politics

Trump Ally Stephen Moore Warns President's Latest Economic Move Usually Leads to Disaster'

Capping credit card interest rates at 10% will fail, risk cutting credit access for millions, and cause market disruption and reduced credit availability.
more#credit-cards
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