AOC And Luna’s Credit Card Cap Would Crush Rewards Cards—Gutting Airline Miles And Making Flights More Expensive
AOC and Anna Paulina Luna have teamed up to take credit away from poor people. They've introduced legislation that would cap credit card interest rates at 10%, below the level they've ever been. That might allow card financing to remain in place for customers who are near-certain credit risk. It means extending credit to borrowers less able and certain to pay back would not be viable. Continue reading AOC And Luna’s Credit Card Cap Would Crush Rewards Cards—Gutting Airline Miles And Making Flights More Expensive...

AOC and Anna Paulina Luna have teamed up to take credit away from poor people. They've introduced legislation that would cap credit card interest rates at 10%, below the level they've ever been. That might allow card financing to remain in place for customers who are near-certain credit risk. It means extending credit to borrowers less able and certain to pay back would not be viable.
Continue reading AOC And Luna’s Credit Card Cap Would Crush Rewards Cards—Gutting Airline Miles And Making Flights More Expensive...