Money Rehab with Nicole Lapin
Trump Wants to Cap Credit Card Interest at 10%. Here's What That Actually Means for You.
March 2, 2026·10 min·3-min readsolofinance
Podzilla Summary (3 min)
TLDR
President Trump has proposed capping credit card interest rates at 10% APR, a move that sounds appealing to the millions of Americans struggling with high-interest debt. However, Nicole Lapin warns that while the idea may seem like financial relief, it could backfire by disrupting the ris
President Trump has proposed capping credit card interest rates at 10% APR, a move that sounds appealing to the millions of Americans struggling with high-interest debt. However, Nicole Lapin warns that while the idea may seem like financial relief, it could backfire by disrupting the ris
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Mentions
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People
Nicole LapinPresident Trump
Companies
SoFiLendingClubCredit Karma
Topics
DebtFintechInflationInvestingPersonal FinanceStock Market
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