Could Trump Cap APRs at 10% for a Year? And Let's Talk The Cost of Money
Автор: Credit Kristi
Загружено: 2026-01-15
Просмотров: 2
Описание:
President Trump sure is shaking things up. Social media is a-buzz with his crazy antics. Last week he went on social and posted he was going to have credit card APRs get reduced to 10% for a year. The goal is that with the lower APR, more of your payment goes to reducing your credit card balance. BUT, there are things he is not thinking through that could actually hurt millions of people rather than help them in that scenario.
And what does money cost? The cost to borrow can be staggering. Listen in as your coach gives a few examples (which are intended to hurt so you pay your debts down faster!).
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