While major banks, including JPMorgan Chase and Citi, warned that a 10% credit card cap would reduce access to credit, some ...
JPMorgan CEO Jamie Dimon said a temporary interest rate cap could limit credit access for millions of Americans.
Credit card protection insurance is a form of protection offered by card issuers to help cardholders in times of financial ...
— -- Credit card holders could soon be saying good-bye to some costly add-on products that promised peace-of-mind during a disaster, such as a job loss. And many consumer groups say good-riddance ...
A 10% rate cap would make large swaths of the credit card industry unprofitable, especially tied to customers with less-than-ideal credit, banks say.
President Trump is calling for a one-year, 10% cap on all credit card interest rates beginning on January 20, warning financial institutions that they would be “in violation of the law” and subject to ...
I know you have warned readers not to buy these "credit card protection plans," but they keep arriving by phone. Does any agency try to shut these firms down? -- D.K., Tulsa. The Federal Trade ...
Credit cards make everyday spending easier and more flexible. But with that ease comes the responsibility of handling risks ...