In a bipartisan effort, Sen. Josh Hawley (R-Missouri) is teaming up with Sen. Bernie Sanders (I-Vermont), introducing a bill on Tuesday that would cap credit card interest rates at 10%.
If the Hawley–Sanders legislation passes, the government will set a price cap on what credit card companies charge for loaning money. If the companies perceive that the price is too low to offset the ...
A new bill sponsored by Sens. Bernie Sanders and Josh Hawley would cap credit card APRs at 10%—something that President Trump also wants—but that could reduce access to credit and credit card rewards ...
Deferred interest is when your interest payments are placed on hold for a specific amount of time. But if you don't pay off the balance in full by the time your deferred interest window closes, you ...