A cap on rates sounds like a dream for borrowers, but experts warn it could turn into a nightmare for some.

Price controls on credit cards could create shortages like President Nixon's 1971 gasoline controls, forcing consumers toward payday lenders and reducing credit access.

President Donald Trump's push to cap credit card interest rates at 10% for one year has set off a rare public debate between the White House, big banks, and fintech lenders. At the center of that ...

In a new push to address affordability concerns on voters’ minds before the midterm elections, President Donald Trump has recently called for a cap on credit card interest rates, without a clear plan ...

A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, pressure bank profits ...

Lawmakers in both parties have put aside their differences to try to advance credit card caps more than once in recent years, but none have succeeded. Money; Getty Images On Friday, President Donald ...

A few days ago, President Trump staked a claim to the "affordability" issue by demanding that banks cap their credit card interest rates at 10% for one year. Actually, Trump announced that in effect ...

President Trump is proposing a 10% interest cap on credit cards; here’s why a financial expert says this could cause issues. President Trump proposed a cap on credit card interest, but banks are ...

Credit card issuers are under renewed fire in Washington as persistent inflation leaves many Americans struggling to make ends meet.

Credit card interest can take a balance that seems manageable and make it balloon — sometimes into an amount that feels totally untenable. Part of the problem is how steep interest rates can be, often ...