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Breaking news and insights on banking, fintech, and finance. Stay ahead with expert analysis on the evolving financial landscape.
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Credit card rewards vs. rising APRs: Are high rates wiping out the benefits? Experts say it’s time to rethink spending habits.

submitted 28 days ago • 0 comments

Senators Bernie Sanders & Josh Hawley propose a 10% cap on credit card interest rates for 5 years to ease financial burdens. Supporters say it helps consumers, but critics warn it could limit credit access and reduce rewards. Previous attempts to cap APRs have failed—will this one succeed?

submitted 28 days ago • 0 comments