American Enterprise Institute: 'Should Credit Card Interest Rates Be Capped at 10 Percent?'
May 02, 2026
May 02, 2026
WASHINGTON, May 2 (TNSLrpt) -- The American Enterprise Institute issued the following report on March 26, 2026 by Paul H. Kupiec entitled "Should Credit Card Interest Rates Be Capped at 10 Percent?."
Here are excerpts:
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Key Points
The credit card market is highly competitive, with few barriers that prevent card issuer entry.
Issuers earn headline annual percentage rates (APRs) on only a portion of card account balanc . . .
Here are excerpts:
* * *
Key Points
The credit card market is highly competitive, with few barriers that prevent card issuer entry.
Issuers earn headline annual percentage rates (APRs) on only a portion of card account balanc . . .