A new bill in Congress would cap credit card interest rates at 10%. But the limits could harm consumers, experts warn

  • Posted on February 6, 2025
  • By Bing News
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A new bill in Congress would cap credit card interest rates at 10%. But the limits could harm consumers, experts warn

A new bill sponsored by Sens. Sanders and Hawley would cap credit card APRs, but that could reduce access to credit and credit card rewards programs.
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