MarketWatch Why investors shouldn’t panic yet about Trump’s credit-card rate-cap proposal
On the surface, a 10% cap on APRs could mean a big hit to credit-card companies’ earnings. But a Jefferies analyst thinks it’s “highly unlikely” that Trump gets his way.
On the surface, a 10% cap on APRs could mean a big hit to credit-card companies’ earnings. But a Jefferies analyst thinks it’s “highly unlikely” that Trump gets his way.