Is your credit card company obligated to limit its interest rate to 10%?
Trump Proposes 10% Cap on Credit Card Interest Rates In light of growing voter worries about the economy and the cost of living, former President Donald Trump has proposed a policy that would limit credit card interest rates to 10% for a year. On January 10, he shared a post on Truth Social stating, “As […]
Costco subtly increases gas rewards for credit card users to 5% cash back.
Costco Boosts Gas Perks for Credit Card Holders Costco has made a cautious adjustment to its gas rewards for members holding private label credit cards. If you’re a holder of the Costco Anywhere Visa card from Citi, you’ll now earn 5% cash back at Costco gas stations, an increase from the previous 4%. This enhanced […]
As Trump’s deadline for limiting credit card rates approaches, banks are left with only questions and no solutions.
Trump’s Credit Card Interest Rate Demands Leave Industry in Limbo NEW YORK – Last week, President Donald Trump issued a directive to the credit card industry, giving them until January 20 to meet his request for a 10% cap on interest rates. With the deadline approaching, there’s a mix of uncertainty among consumer advocates, politicians, […]
As Trump approaches his deadline for regulating credit card rates, banks are left with questions but no solutions.
Trump’s 10% Interest Rate Cap Proposal Raises Questions NEW YORK – President Trump recently informed the credit card industry that they have until January 20 to implement a 10% interest rate cap. As the deadline approaches, there’s a fair amount of uncertainty among consumer advocates, politicians, and bankers regarding the administration’s actual intentions, as well […]
Verizon service disruption leads to demands for required refunds as customers criticize ‘pathetic’ $20 credit.
Verizon Outage Leads to Calls for Automatic Refunds On Wednesday, a nationwide outage affected hundreds of thousands of Verizon customers, leaving many without service for several hours. This incident has spurred lawmakers to push for mandatory automatic refunds, as criticism mounted regarding the company’s insufficient $20 credits to affected accounts. Senator Ben Ray Luján expressed […]
You have to give him credit
During a recent visit to a Ford facility in Dearborn, Michigan, President Donald Trump encountered a heckler, and left-wing host Stephen Colbert took a moment on his show to remark on this incident, reiterating his criticisms of autoworkers. On Wednesday’s episode of Late Show, Colbert lightheartedly commented, “It seems President Trump has declared a new […]
President Trump suggests a limit on credit card interest rates. Here’s what it means.
Trump’s Credit Card Interest Rate Proposal Sparks Interest President Trump’s idea to limit credit card interest rates to 10% for a year is catching the attention of many consumers. They’re curious about how this might affect their finances at home. The statistics paint a pretty clear picture. Currently, the average credit card interest rate is […]
Young students in LA struggle while unaware leaders take credit.
LA Public School Reading Crisis Over half of third graders in Los Angeles public schools are not reading at the expected level, according to a recent presentation to the school board that detailed future strategies. This situation is concerning since third grade often marks a critical point in a child’s academic journey, with reading skills […]
Proposal to limit Trump credit card rates faces criticism from conservative influencer
Critique of Trump’s Credit Card Interest Rate Cap Allyn Wexler, a conservative influencer and Wharton Business School graduate, has expressed her disagreement with President Donald Trump’s plan to impose a 10% cap on credit card interest rates. In a recent post, she described it as a move that resembles socialist policy. Wexler, who has a […]
Enrollment for ACA ends today in most states, as tax credit agreement delays in Congress.
Affordable Care Act Enrollment Window Closes Amid Uncertainty The opportunity for Americans to enroll in the Affordable Care Act (ACA) mostly closed today, leaving many uncertain as Congress deliberates on whether to extend tax subsidies aimed at reducing the cost of insurance under Obamacare. For months, Congress has been in a standoff regarding the future […]