The Sanders-Hawley Bill Wants To Cap Credit Card Interest Rates. Here’s What You Need To Know – Forbes Advisor – Go Health Pro
But capping interest rates is not a cure-all for debt-driven woes. A 2018 World Bank study of interest rates on loans in other countries found that interest rate caps set below market rates reduced access to credit for low and middle-income borrowers. Banks take on risk by extending credit to consumers, and that risk increases … Read more
