10% Credit Card Rate Cap: Winners, Losers & Alternatives
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10% Credit Card Rate Cap: Winners, Losers & Alternatives
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In this episode of PennyWise, host John Kiernan and guest Brett House, a Professor of Economics at Columbia Business School, talk about how a 10% cap on credit card interest rates would affect consumers and the economy. John and Brett discuss the winners and losers of a 10% rate cap, along with other ways to address affordability concerns.
More on this episode from WalletHub:
- Credit Card Landscape Report
- Best Credit Card Rates
- Best 0% APR Credit Cards
- Best Balance Transfer Credit Cards
- Credit Card Payoff Calculator
- What Is a Good APR for a Credit Card?
- Historical Credit Card Interest Rates
If you want to take your finances to the next level, sign up for a WalletHub Premium subscription. You can get a personalized debt repayment plan, along with budgeting tools, credit-improvement help, identity protection and more.
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