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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

2025-02-06Fortune on MSN.com
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. Bernie Sanders and Josh Hawley would cap credit card APRs at 10%—something that President Trump also wants—but that could reduce access to credit and credit card rewards programs. ...Read more

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