Connect with us

Business

Would a Credit-Card Rate Cap Help or Harm Consumers?

Published

on

📹 Is It Time to Diversify Away From U.S. Stocks?

A 10% cap could save households roughly $100 billion a year in interest payments, according to recent analysis by Vanderbilt University. But the card industry warns that many people, especially those with lower incomes and credit scores, would lose access to credit cards.

Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2025 Wordupnews.com