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 ...

New legislation in Congress that would cap credit card interest rates at 10% that has the backing of President Trump could ...

A bill would cap credit card rates at 10%, something Trump promised on the campaign trail. Will Trump follow through? Will ...

Bernie Sanders, I-Vt., to introduce an arbitrary 10% cap on credit card interest rates, something that President Donald Trump did float during the election. However, while Trump is doing a ...

Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card ...

Josh Hawley, Bernie Sanders Propose Capping Credit Card Interest Rates At 10% ...

Senators Bernie Sanders and Josh Hawley say they will propose a 10 percent limit on credit card interest rates.

If the Hawley–Sanders legislation passes, the government will set a price cap on what credit card companies charge for ...

Creditors cannot have you arrested for credit card debt, but they can sue you for payment. If sued and you do not respond, a ...

A bipartisan pair of senators want to cap your credit-card interest at less than half the typical rate. They may have President Trump's support—but banks aren't so excited.

Our opinions are our own. A low interest credit card saves you money by reducing the cost of debt: When you're paying less in interest, you can pay back what you've borrowed more quickly.

Other options to consider besides a deferred-interest credit card include 0% introductory APR credit cards, personal loans and buy now, pay later plans. As a victim of a deferred-interest credit ...