Trump Proposal: 10% Max Interest On Credit Cards

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Former President Donald Trump has proposed a temporary cap on credit card interest rates at around 10%12. He announced this plan during a recent campaign rally, stating that the cap is intended to help working Americans catch up financially.

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Sources:

https://www.washingtonexaminer.com/news/campaigns/presidential/3160120/trump-trouble-temporary-cap-credit-card-interest-rates/

https://www.americanbanker.com/news/experts-say-the-math-behind-trumps-10-rate-cap-doesnt-add-up


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