Trump’s Push for Credit Card APR Cap is Popular; Effects May Not Be

Trump backs a 10% cap on credit card interest rates. Supporters cite savings for borrowers, while opponents warn of unintended consequences.

# Trump’s Push for Credit Card APR Cap is Popular; Effects May Not Be Trump backs a 10% cap on credit card interest rates. Supporters cite savings for borrowers, while opponents warn of unintended consequences. **Read the full article:** [NerdWallet](https://www.nerdwallet.com/credit-cards/news/trump-10-percent-apr-cap-consequences) *This article was originally published by NerdWallet. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*