usury law, Credit Card and interest rate

Credit Card Interest Rates to Change Under New Bill
A new bipartisan bill introduced by Representatives Alexandria Ocasio-Cortez and Anna Paulina Luna aims to cap credit card interest rates at 10%.
Maximum credit card interest rate by law
There is no federal law regarding maximum credit card interest rates, however, laws do exist at the state level. Here's what you need to know.
AOC Advances Trump's Campaign Pledge to Cap Credit Card Rates at 10% Under New Law
US Representatives Alexandria Ocasio-Cortez and Anna Paulina Luna introduced a bill last week that would slash credit card interest rates, offering major relief to millions of Americans in debt.
Federal push to cap credit card interest rates
FOX 13's Evan Axelbank reports that Anna Paulina Luna is teaming up with Rep. Alexandria Ocasio-Cortez to cap interest rates at ten percent.
AOC teams up with Florida Republican Rep. Anna Paulina Luna for bill capping credit card interest at 10%
Sens. Bernie Sanders (I-Vt.) and Josh Hawley (R-Mo.) introduced cap legislation last month. Ocasio-Cortez has been involved with similar legislation in the past, including a 2019 bill to cap interest rates at 15%.
Freedom Caucus member Anna Paulina Luna joins AOC to push 10% credit card interest rate cap
Republican Rep. Anna Paulina Luna of Florida joins with Democratic Rep. Alexandria Ocasio-Cortez of New York to push a proposal to cap credit card interest rates at 10%
AOC, Luna team up to cap credit card interest rates at 10%
One of President Trump’s biggest supporters and a face of the progressive movement have teamed up to cut credit card interest rates in half.
AOC, Anna Paulina Luna team up to fight credit card companies, cap interest rates
Robby Soave and Niall Stanage discuss the partnership between Reps. Anna Paulina Luna (R-Fla.) and Alexandria Occasio-Cortez (D-N.Y.) over legislation that woud cap credit card interest at 10 percent.
AOC and Anna Paulina Luna Team Up for Bill That Aims to Make a Trump Campaign Promise Come True
Legislators from the right and left have introduced legislation that would make one of President Donald Trump’s campaign promises come true. “We’re going to put a temporary cap on credit card interest rates.
Credit card interest rate cap proposal sparks fierce opposition from financial sector
That's less than half the going rate for new cards as well as existing ones.
What are usury laws and maximum interest rates?
Usury laws set limits on the amount of interest lenders can charge on loans and are typically set at the state level. There ...
Forbes2d
What Is The Average Credit Card Interest Rate?
Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of ...
Should I pay off my tax debt before my credit card debt? Experts weigh in
As the cost of living has increased, so has outstanding credit card debt. By the end of December 2024, outstanding credit ...
How to choose your second credit card
A second credit card can benefit you in more ways than one, although the right card for you depends on your goals. You can ...
Forbes6d
How To Lower Your Credit Card Interest Rate
it may also be considered when determining your interest rate. Because those with lower income and lower credit scores are seen as higher-risk borrowers, card issuers and other lenders will be ...