In this edition: Why Bernie Sanders isn’t sweating the Iowa polls, why Joe Sestak is running, and why the president probably didn’t see “AOC” coming when no one. all paid for with a credit card. “I.
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Bernie Sanders and Alexandria Ocasio-Cortez will introduce a joint bill on Thursday to reduce Americans’ debts. Dubbed the Loan Shark Prevention Dubbed the Loan Shark Prevention Act, the legislation looks to cap the interest rate at 15 percent for credit card debt, while enforcing penalties.
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Democrats Bernie Sanders and Alexandria Ocasio-Cortez introduced on Thursday a plan to rein in the profit banks can collect from consumers, proposing to cap credit card interest rates at 15%.
Credit cards can help your credit score by adding to your overall credit history, so long as you pay your bills on time and carry little debt. Having credit card accounts open and in good standing will help, although applying for several new credit cards in a short period of time will hurt.
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[Bernie, AOC Will Introduce Bill To Cap Credit Card Interest Rates At 15%] Bernie, AOC Will Introduce Bill To Cap Credit Card Interest Rates At 15% Back to article Bernie, AOC Will Introduce Bill To Cap Credit Card Interest Rates At 15% Back to article
Alexandria Ocasio-Cortez and bernie sanders roll out legislation to cap interest rates on credit cards and other consumer loans at 15 percent. He mocked the idea on Twitter and a headline on his website decried, "’POSTAL BANKING’? AOC, Bernie Call for the Creation of Government-Owned.