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AFN Composite Index
Consumer Sentiments
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APR 48 Mos.
Leaders at major banks say that President Donald Trump’s proposed 10% cap on credit card interest rates could harm consumers’ access to credit, including auto loans. Price controls such as an interest rate cap on credit cards would “make credit much less available for consumers up and down the credit spectrum,” due to the market’s competitive nature, Capital One Chief Executive Richard Fairbank said during the bank’s Jan. 22 fourth-quarter earnings call. […]
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David Thompson
David Thompson
David Thompson
