Nearly $30 billion was put on credit cards during the month as Aussies looked to get ahead buying their Christmas presents.
His declaration requires congressional approval to become law and could restrict some consumers' credit availability.
Amid voter concern about the economy and affordability, President Donald Trump announced a new policy: a 10% cap on credit card interest rates for one year.
President Donald Trump called for a 10% cap on credit card interest rates starting Jan. 20. Here's what we know.
With credit card interest rates near modern highs, President Trump says he wants to cap the rates for one year.
President Donald Trump has said there will be a one-year cap on credit card interest rates set at 10%. What is the average?
Trump is calling for a credit card interest rate cap of 10%. Here are some ways consumers can get funds if access to credit ...
Trump called for interest on credit cards to be capped for a year. UBS thinks that would end up hurting credit availability ...
Behind the market selloff, insiders warn the plan could push households towards costlier forms of debt, among other ...
Synchrony Financial stock is a "Buy" amid the sell-off due to Trump’s proposed 10% credit card APR cap. Learn more about the ...
Here's why American Express stock remains worth owning despite Trump's proposal of a 10% cap on credit card interest rates.
Affirm shares jumped in early trading Monday before giving back gains as investors digested new risks for traditional credit ...