Trump Proposes Capping Credit Card Interest Rates at 10% — Is It to Save People or Make Borrowing Harder?
Trump recently proposed capping credit card interest rates at a maximum of 10%, far below the current average which can reach over 20%. His promise: to help consumers burdened by high interest rates.
But the banking industry is upset. They say:
👉 Credit will become harder to obtain
👉 Banks might withdraw many cards
👉 It could even push people toward illegal loans
Impact on crypto?
Not immediately noticeable. But if bank credit access becomes stricter, people might turn to alternatives — including DeFi or crypto loans.
Some support it (like Bernie Sanders), but many doubt it will actually happen. This is still just a proposal, requiring a long political process.
Do you agree credit card interest rates should be capped? 💳⬇️
#Trump #KartuKredit #Ekonomi #Crypto #DeFi $BTC $BNB
