Credit Card Interest news and trends

Bernie Sanders And Alexandria Ocasio-Cortez Look To Cap Card Interest Rates
Regulation // May 09, 2019

Democratic presidential candidate Sen. Bernie Sanders and New York Rep. Alexandria Ocasio-Cortez moved today to introduce legislation that would cap rates on credit cards and other consumer financial services at 15 percent. In an announcement on Thursday (May 9), Sanders and Ocasio-Cortez accused banks and other...

FTC Files Complaint To Stop Credit Card Interest Scam
Security & Fraud // December 05, 2017

The Federal Trade Commission announced Monday (Dec. 4) it filed a complaint in a federal district court in Orlando to stop a credit card interest rate reduction scam. In a press release, the FTC alleges that the scam deceived a number of consumers who were...

Interviews & Exclusives
Consumers Prioritize Mobile Phone Bills Over Credit Cards When Financial Pressures Mount 

May 22, 2023
For those with issues making ends meet, deciding what gets paid can have long-term consequences. Inflation’s gradual ebb could signal the start of a potential reprieve from the current economic landscape and bring a collective sigh of relief from policymakers and business leaders alike, but the increased cost of essentials such as food and shelter remain […]

Quick Reads
FTC Files Complaint To Stop Credit Card Interest Scam

December 05, 2017
The Federal Trade Commission announced Monday (Dec. 4) it filed a complaint in a federal district court in Orlando to stop a credit card interest rate reduction scam. In a press release, the FTC alleges that the scam deceived a number of consumers who were already struggling with credit card debt. Those charged with committing […]