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Capping your credit card interest rate is straight communist.

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The Redheaded libertarian

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110,255 görüntüleme • 1 ay önce •via X (Twitter)

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Could the Fed's interest rate hike impact your credit card debt? Here's what you need to know.
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Could the Fed's interest rate hike impact your credit card debt? Here's what you need to know.

The Associated Press

170,381 görüntüleme • 3 yıl önce

BREAKING 🚨 President Trump stuns Reporters CONFIRMING he is capping Credit Card interest rates at 10% for Americans I VOTED FOR THIS 🔥
0:41

BREAKING 🚨 President Trump stuns Reporters CONFIRMING he is capping Credit Card interest rates at 10% for Americans I VOTED FOR THIS 🔥

MAGA Voice

45,606 görüntüleme • 7 ay önce

Credit card interest rates are way too high. What if you could create a credit card that had an interest rate below 10% to solve the problem. This is what Sadi and Aven have done. Fascinating business & discussion.
19:04

Credit card interest rates are way too high. What if you could create a credit card that had an interest rate below 10% to solve the problem. This is what Sadi and Aven have done. Fascinating business & discussion.

Anthony Pompliano 🌪

249,757 görüntüleme • 2 ay önce

.Steve Forbes lays out the unintended consequences that will happen if President Trump's proposal of capping credit card interest rates at 10% comes to pass. #WhatsAhead
4:18

.Steve Forbes lays out the unintended consequences that will happen if President Trump's proposal of capping credit card interest rates at 10% comes to pass. #WhatsAhead

Forbes

16,053 görüntüleme • 5 ay önce

President Trump just proposed capping interest rates on credit cards at 10% - the historical norm, but that all changed in 1980 when Congress passed the monetary control act. The average American currently pays 28% interest on their credit card.
1:18

President Trump just proposed capping interest rates on credit cards at 10% - the historical norm, but that all changed in 1980 when Congress passed the monetary control act. The average American currently pays 28% interest on their credit card.

Brett Pike

123,506 görüntüleme • 1 yıl önce

Trump's credit card rate cap is great, great, great politics at this point. It's generating a ton of interest online as Google searches are up 3,200%. It's popular in every poll... & credit card debt is a bipartisan problem (equal shares of Dems/GOP have credit card debt).
2:43

Trump's credit card rate cap is great, great, great politics at this point. It's generating a ton of interest online as Google searches are up 3,200%. It's popular in every poll... & credit card debt is a bipartisan problem (equal shares of Dems/GOP have credit card debt).

(((Harry Enten)))

217,843 görüntüleme • 7 ay önce

The bank after approving a $2,500 credit card with a 57% interest rate for a single mother of 4
0:37

The bank after approving a $2,500 credit card with a 57% interest rate for a single mother of 4

Not Jerome Powell

1,333,595 görüntüleme • 7 ay önce

CNN: Trump's credit card rate cap is great politics 🔴 Google searches for credit card rate cap are up 3,200% 🔴 It's popular in every poll 🔴 Equal shares of Dems/GOP have credit card debt 🔴 55% say credit card debt is a stress 🔴 Cost of living ranks 1st on issues
1:49

CNN: Trump's credit card rate cap is great politics 🔴 Google searches for credit card rate cap are up 3,200% 🔴 It's popular in every poll 🔴 Equal shares of Dems/GOP have credit card debt 🔴 55% say credit card debt is a stress 🔴 Cost of living ranks 1st on issues

OSZ

46,837 görüntüleme • 7 ay önce

TRUMP NOW ON THE 10% CREDIT CARD RATE CAP: "Credit card companies will be in violation of the law if they do not comply with the interest rate cap by January 20. They are abusing people and I am not going to let it happen." My question is how is he going to implement this...
0:42

TRUMP NOW ON THE 10% CREDIT CARD RATE CAP: "Credit card companies will be in violation of the law if they do not comply with the interest rate cap by January 20. They are abusing people and I am not going to let it happen." My question is how is he going to implement this...

amit

252,697 görüntüleme • 7 ay önce

I’m paying the water company a $6.97 fee. My account is on automatic payment directly from my bank and I was just offered a credit card with a 31.74% interest rate. America is cooked!
2:57

I’m paying the water company a $6.97 fee. My account is on automatic payment directly from my bank and I was just offered a credit card with a 31.74% interest rate. America is cooked!

RyanMatta 🇺🇸 🦅

80,464 görüntüleme • 3 ay önce

"Jamie Dimon, lower your friggin’ credit card interest rates." Trade adviser Peter Navarro continued the White House's pressure to get JPMorgan Chase and Jamie Dimon to cap credit card interest rates, a demand of President Trump amid his push to address affordability
1:53

"Jamie Dimon, lower your friggin’ credit card interest rates." Trade adviser Peter Navarro continued the White House's pressure to get JPMorgan Chase and Jamie Dimon to cap credit card interest rates, a demand of President Trump amid his push to address affordability

Bloomberg

18,048 görüntüleme • 6 ay önce

How to never pay interest on a credit card again
0:51

How to never pay interest on a credit card again

Darth Powell

17,935 görüntüleme • 8 ay önce

I’ve been beating the drum on this for almost a year When socialists like Bernie Sanders are pushing economic “promises” like credit card interest rate caps, it’s a scam
1:02

I’ve been beating the drum on this for almost a year When socialists like Bernie Sanders are pushing economic “promises” like credit card interest rate caps, it’s a scam

Arynne Wexler

55,937 görüntüleme • 6 ay önce

US President Trump warned credit card companies they would violate the law if they fail to comply with his demand for a 10% interest rate cap by January 20
0:33

US President Trump warned credit card companies they would violate the law if they fail to comply with his demand for a 10% interest rate cap by January 20

Reuters

69,549 görüntüleme • 7 ay önce

Elizabeth Warren received a call from President Trump regarding capping credit card interest rates at 10%. She was so shocked. She didn't recognize the number. She doesn't get that he will work with ANYONE if it means helping Americans.
0:49

Elizabeth Warren received a call from President Trump regarding capping credit card interest rates at 10%. She was so shocked. She didn't recognize the number. She doesn't get that he will work with ANYONE if it means helping Americans.

Mila Joy

958,166 görüntüleme • 7 ay önce

Credit card companies are abusing Americans. It is time to cap interest rates at no more than 10%.
2:01

Credit card companies are abusing Americans. It is time to cap interest rates at no more than 10%.

Bernie Sanders

209,499 görüntüleme • 1 yıl önce

Lowering credit card interest rates sounds like a good idea, but often times it ends up hurting the very people who policymakers were seeking to help. If interest rates are capped, the people who need it the most — high-risk borrowers who have low credit scores — will lose access to credit. Interest rates are largely dependent on the person who is doing the borrowing. The riskier a person is to lend to, the higher their interest rate is because the bank is taking on risk by extending them credit. People who are in desperate need of credit who will no longer be able to get a credit card then may turn to more expensive types of credit. This would also impact people who earn lots of rewards on their credit cards, have excellent credit scores, and payoff their balance every month so they don't pay interest. Credit card companies may cut back or cancel rewards and could start implementing annual fees on credit cards that never had them in the past or increase annual fees on existing cards.
0:52

Lowering credit card interest rates sounds like a good idea, but often times it ends up hurting the very people who policymakers were seeking to help. If interest rates are capped, the people who need it the most — high-risk borrowers who have low credit scores — will lose access to credit. Interest rates are largely dependent on the person who is doing the borrowing. The riskier a person is to lend to, the higher their interest rate is because the bank is taking on risk by extending them credit. People who are in desperate need of credit who will no longer be able to get a credit card then may turn to more expensive types of credit. This would also impact people who earn lots of rewards on their credit cards, have excellent credit scores, and payoff their balance every month so they don't pay interest. Credit card companies may cut back or cancel rewards and could start implementing annual fees on credit cards that never had them in the past or increase annual fees on existing cards.

Ryan Saavedra

38,079 görüntüleme • 7 ay önce

Q: " What happens if the credit card companies don't comply by the January date [for 10% interest rate caps]?" Trump: " Then they're in violation of the law. Very severe things."
0:42

Q: " What happens if the credit card companies don't comply by the January date [for 10% interest rate caps]?" Trump: " Then they're in violation of the law. Very severe things."

The Bulwark

70,172 görüntüleme • 7 ay önce