A 10% rate cap would make large swaths of the credit card industry unprofitable, especially tied to customers with less-than-ideal credit, banks say.
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Read moreDetailsHome » Trump’s credit card rate cap plan has unclear path, ‘devastating’ risks, bank insiders say
A 10% rate cap would make large swaths of the credit card industry unprofitable, especially tied to customers with less-than-ideal credit, banks say.
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