Interest rates on credit cards have been unusually high for a while and have become an occasional target of politicians. In 2020, during Kamala Harris' first presidential campaign, she proposed forbidding credit card companies from charging interest ...

Bernie Sanders and Donald Trump would not seem to agree on much of anything when it comes to economic policy. After all, Trump is a man of markets, while Sanders is a self-described “democratic socialist.” Yet both have advocated for a 10 percent cap ...

On Tuesday, two U.S. senators proposed a bill that would cap credit card interest rates at 10%. While a 10% cap would help consumers exponentially with their credit card debt, it could have unintended consequences. A cap could mean credit card debt relief ...