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Trump Backed a 10% Cap on Credit Card Interest Rates: What That Could Mean for Americans' Debt Problems

By Kiplinger | 2 min read

 Trump Backed a 10% Cap on Credit Card Interest Rates: What That Could Mean for Americans' Debt Problems

Credit card interest rates are at high levels right now, but would capping rates at 10% for a year really help those struggling with debt?

# Trump Backed a 10% Cap on Credit Card Interest Rates: What That Could Mean for Americans' Debt Problems Credit card interest rates are at high levels right now, but would capping rates at 10% for a year really help those struggling with debt? **Read the full article:** [Kiplinger](https://www.kiplinger.com/personal-finance/debt/proposed-cap-on-credit-card-interest-rates) *This article was originally published by Kiplinger. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*