Bilt has announced an overhaul of its credit cards, introducing an 10% introductory interest rate for one year.
While major banks, including JPMorgan Chase and Citi, warned that a 10% credit card cap would reduce access to credit, some ...
JPMorgan, Citigroup and Wells Fargo this week separately said limiting borrowing costs on credit cards would harm their ...
BNY Chief Executive Officer Robin Vince told reporters that going after the Fed’s independence “doesn’t seem, to us, to be ...
President Trump revived a campaign promise to cap interest rates, but it is unclear how he would make that a reality.
Some of America’s top bankers are warning that the president’s cap on credit card interest rates would prove disastrous for ...
President Donald Trump’s proposal to impose a one-year 10% cap on credit card interest rates is being met with indifference ...
Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could ...
President Donald Trump is calling on the credit cap to be in effect starting January 20 and it’s already impacting bank ...
Capital One Financial Corporation (NYSE: COF) is one of the cheap S&P 500 stocks to invest in now. On January 12, RBC Capital ...
Ultimately, Apple went with JP Morgan Chase, who also secured protection in the event “card delinquencies spiked or performance deteriorated in the period after the banks signed the contract.” Chase ...