So Trump recently said he supports a 10% Temp Cap on Credit Card Interest, so is there a plan to convert to the new system without a complete meltdown? I was hoping for a meltdown so I could beat the banks over CC debt like most people. Too bad Q didn't have many details on post-awakening Finance. - The Great Awakening

So Trump recently said he supports a 10% Temp Cap on Credit Card Interest, so is there a plan to convert to the new system without a complete meltdown? I was hoping for a meltdown so I could beat the banks over CC debt like most people. Too bad Q didn't have many details on post-awakening Finance. 🗣️ DISCUSSION 💬

posted 62 days ago by GodBlessAmerica58 62 days ago by GodBlessAmerica58 +62 / -1

Any input or details, besides the US Debt Clock Posts on X?

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– SOGWAP 2 points 61 days ago +2 / -0

If they did dishonest people would become thieves. My take is tat the C.C. should go to 0 interest.

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– GodBlessAmerica58 [S] 1 point 61 days ago +1 / -0

That would be even better... There are people who have had to make ends meet via CC due to the current Admin. policies. CC debt is threw the roof.

Also CC interest rates are crazy high, even for people with excellent credit. Most states if not all have a Usary law where the interest rates are not allowed to be above a certain percentage. Then a long time ago the CC banks got the government to let people behind in payments to have their rates increased. Now they can charge everyone above the user rates. Look at the rates by state. Below. The Feds have no stated rates.

https://worldpopulationreview.com/state-rankings/usury-laws-by-state

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