According to CBS News, President Trump had set Jan. 20 as a deadline for credit card companies to lower their interest rates ...

President Donald Trump called for credit card companies to cap interest rates at 10%, roughly half the industry average, ...

In his final year in office. Illinois Sen. Dick Durbin will try once again to pass his Credit Card Competition Act bill.

Many consumers get carried away with holiday shopping, not realizing that purchases can quickly add up and result in a huge ...

The U.S. Constitution gives Congress the power to write laws regulating commerce and financial markets — including ...

Do you also use your credit card frequently, but your head spins when the bill arrives? And then you think you can get away with just paying the minimum due? If so, you're falling into a big debt trap ...

Johnston Democratic Rep. Deborah Fellela wants businesses to be up-front about their surcharges for customers who pay with credit cards.

"Affordability" seems to be the byword in Washington political circles at the moment. Both parties are saying there's not ...

Fetterman, along with two other democratic senators, introduced the Credit Card Fairness Act, last week. If passed, it would ...

President Donald Trump recently told the credit card industry that it had until Jan. 20 to comply with his demand for a 10% ...

A September 20205 analysis by Vanderbilt University found that a 10% cap “would produce over $100 billion in annual savings.” ...

There are plenty of worthwhile Mastercards on the market. We break down which of them are the best Mastercards in Canada.