Donald Trump promised to cap credit card interest rates at 10% months ago

https://www.youtube.com/shorts/0Gg55jQDnoE 

 

Trump announces one-year 10% cap on credit card interest rates

Elizabeth Warren, the senator from Massachusetts, also expressed skepticism about whether Trump could implement such a cap without approval from Congress. 

"Begging credit card companies to play nice is a joke. I said a year ago if Trump was serious I'd work to pass a bill to cap rates," Warren said in a statement. 

"Since then, he's done nothing but try to shut down the [Consumer Financial Protection Bureau]. Trump doesn't care about affordability. Americans know a fraud when they see one."…

https://www.theguardian.com/us-news/2026/jan/10/trump-credit-card-interest-rate-cap

 

Some store credit cards come with a 'nasty gotcha,' says expert

"Deferred interest is a really nasty gotcha, because a lot of people don't understand what it means," says Rossman. If you don't know the rules, it can end up costing you far more than whatever you saved on that initial purchase, he says...

https://www.cnbc.com/2025/12/02/some-store-credit-cards-come-with-a-nasty-gotcha-says-expert.html 

 

Visa, Mastercard legal settlement: What you need to know

Stores may also be able to charge customers extra depending on which credit card they use…

https://www.cnbc.com/2025/11/13/visa-mastercard-legal-settlement-what-you-need-to-know.html 

 

What Is the Luhn Algorithm? The Math Behind Secure Credit Card Numbers | Scientific American

Find out how this simple algorithm from the 1960s keeps your wallet safe…

https://www.scientificamerican.com/article/what-is-the-luhn-algorithm-the-math-behind-secure-credit-card-numbers/