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Edited 1mo ago by ilovetrump
@thebrownblob said ↗https://www.zerohedge.com/personal-finance/trump-calls-temporary-10-percent-cap-credit-card-interest-ratesI hate these vulture credit card companies as much as the next person, but I’m not certain this is the president’s job to police people’s piss poor borrowing habits.Are credit card companies going to lower interest rates because a tweet told them to? My guess would be no. But if they do they will just come up with a new fee to make up for lost revenue.
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@thebrownblob said ↗

https://www.zerohedge.com/personal-finance/trump-calls-temporary-10-percent-cap-credit-card-interest-rates

I hate these vulture credit card companies as much as the next person, but I’m not certain this is the president’s job to police people’s piss poor borrowing habits.


Are credit card companies going to lower interest rates because a tweet told them to?

After


@thebrownblob said ↗

https://www.zerohedge.com/personal-finance/trump-calls-temporary-10-percent-cap-credit-card-interest-rates

I hate these vulture credit card companies as much as the next person, but I’m not certain this is the president’s job to police people’s piss poor borrowing habits.

Are credit card companies going to lower interest rates because a tweet told them to?

My guess would be no. But if they do they will just come up with a new fee to make up for lost revenue.