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GOBankingRates
GOBankingRates
Chris Adam

6 Ways To Take Advantage of Trump’s Proposed Cap on Credit Card Rates

Andrew Lokenauth GOBankingRates Donald Trump Melanie Musson GoBankingRatescom
Joseph Sohm / Shutterstock.com

President Donald Trump wants to make a big change to credit card rates. The President has called for a one-year cap on interest rates at 10%, starting Jan. 20.

In a TruthSocial post, President Trump said his administration is putting an end to credit card companies exploiting Americans with high interest rates of 20% to 30%.

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