A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...
Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card ...
Once those profits are limited via an interest rate cap “it becomes an impractical market for credit extension.” If the bill passes, experts say it’s likely that banks will have less ...
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.