10% Credit Card Rate Cap: Winners, Losers & Alternatives

In this episode of PennyWise, host John Kiernan and guest Brett House, a Professor of Economics at Columbia Business School, talk about how a 10% cap on credit card interest rates would affect consumers and the economy. John and Brett discuss the winners and losers of a 10% rate cap, along with other ways to address affordability concerns. 

More on this episode from WalletHub: 

• Credit Card Landscape Report 
• Best Credit Card Rates
• Best 0% APR Credit Cards 
• Best Balance Transfer Credit Cards 
• Credit Card Payoff Calculator
• What Is a Good APR for a Credit Card?
• Historical Credit Card Interest Rates

If you want to take your finances to the next level, sign up for a WalletHub Premium subscription. You can get a personalized debt repayment plan, along with budgeting tools, credit-improvement help, identity protection and more. 

PennyWise is a show about money, personal finance, investing and travel. The program features a variety of financial experts who can help save you money.