Key Takeaways Senators Bernie Sanders and Josh Hawley introduced a bill last week that would cap credit card interest rates ...

New legislation in Congress that would cap credit card interest rates at 10% that has the backing of President Trump could ...

A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...

Josh Hawley, Bernie Sanders Propose Capping Credit Card Interest Rates At 10% ...

Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of ...

Factors like your debt-to-income ratio, your income and existing debt all influence the interest rate on your credit card.

Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card ...

There is a bipartisan push in congress to limit interest rates on credit cards to ten percent. While this might face an ...

Senators Bernie Sanders and Josh Hawley say they will propose a 10 percent limit on credit card interest rates.

The average credit card interest rate is 22.80%, according to November 2024 Federal Reserve data — a significant jump from the average 16.98% rate in 2019. However, the current credit card ...

Senators Bernie Sanders and Josh Hawley introduced new legislation that would cap interest rates on credit cards at 10% to ...

If the Hawley–Sanders legislation passes, the government will set a price cap on what credit card companies charge for ...