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Congress should reject harmful APR cap legislation
March 12, 2025

WASHINGTON, March 12 [Category: Financial Services] -- America's Credit Unions posted the following news:

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Congress should reject harmful APR cap legislation

America's Credit Unions called for Congress to reject the 10 Percent Credit Card Interest Rate Cap Act (H.R. 1944 ), which would create an all-in annual percentage rate (APR) cap for credit cards, in a letter sent to bill sponsors Reps. Alexandria Ocasio-Cortez, D-N.Y., and Anna Paulina . . .

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