A proposal floated by President Trump to temporarily cap credit card interest rates at 10% has opened debate over how much relief borrowers could actually see.

President Trump is demanding a 10% cap on credit card interest rates to slash record debt. Current APRs exceed 21%, costing Americans billions. Trump set a January 20, 2026, deadline for banks to ...

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 interest rate on your credit card determines how much you’ll pay if you carry a balance. Interest rates vary across different types of cards, but your credit score is a major factor in setting ...

President Donald Trump noted at the Detroit Economic Club that he's calling to cap credit card rates at 10% for a year.

President Donald Trump has floated the idea of putting a one-year cap on credit card interest rates at 10%. "They've really abused the public," Trump told reporters aboard Air Force One Monday, ...

Nearly half of American households have credit card debt and pay more than 20% in interest on their revolving balances. Even when the Federal Reserve cuts rates, those high APRs don't fall much.

Credit cards can help build credit while making purchases more convenient. Learn how credit cards work and best practices for using them.

APR is deliberately confusing and compounds daily. Read disclosure boxes, use 0% offers strategically, and make multiple monthly payments to minimize interest costs. When you see "18.99% APR" ...