Trump wants to cap credit card interest rates at 10%. But such limits could harm consumers, experts warn

On Friday, President Donald Trump called for a one-year cap on credit card interest rates at 10%, effective Jan. 20.
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Does Trump’s 10% Credit Card Rate Cap Make Visa and Mastercard a Buy?

President Donald Trump announced on his social media platform Truth Social that he will impose a one-year cap on credit card ...

Credit card interest-free period explained: Why two people using the same card can pay interest differently

The “interest-free period” is not a flat promise for everyone. It depends on your billing cycle timing, whether you paid the full amount last month, and what kind of transaction you made.
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Knoxville woman avoids interest-free credit card scam: What to do if you get a scam call

KNOXVILLE, Tenn. (WATE) — For those of you with credit cards, we have a warning about a new scam. Recently, a Knoxville woman was told she was eligible for a special interest-free program. Naomi ...