Credit Card Debt Reduction

Trump, interest rate cap and credit card

President Trump demands credit card companies cap interest rates at 10%, but here’s why you shouldn’t wait on Washington to get relief

President Trump is calling for a one-year, 10% cap on all credit card interest rates beginning on January 20, warning financial institutions that they would be “in violation of the law” and subject to “very severe things” if his demand isn’t met (1). That said, don’t rush to tap that plastic for a new big screen TV or designer duds just yet.

· 4d · on MSN

Trump's proposed credit card cap spotlights Americans' debt. Would it help?

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Trump calls for credit card interest rate cap: Options for consumers if credit tightens

A realistic exit strategy for when credit card debt takes over your life

For many people carrying high-interest debt, debt consolidation is often the first strategy they consider. This may involve a ...

5don MSN

Trump’s affordability pledge strikes directly at the heart of Wall Street’s profit engine

President Donald Trump’s proposal for a one-year, 10% cap on credit card interest rates has struck a chord in debates about affordability — and set up a potential clash with Wall Street.

5don MSN

What is considered a fair settlement on your credit card debt?

A fair credit card debt settlement is typically somewhere between 50% and 70% of your outstanding balance, though settlements ...

Fort Collins Coloradoan

Debt Support National Expands Credit Card Debt Relief Programs Amid Consumer Financial Challenges

Debt Support National has expanded its comprehensive debt relief programs to address the growing financial pressures facing American consumers struggling with mounting credit card balances ...

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