NOT SO FAST DRUMPF
>>525904441challenge away, morgan.you're complaint will be filed.
>>525904441What's hilarious is, they already offer these interest rates. The moment you stop paying, they offer 'financial relief" in the form of lower interest rates and a payment plan. Unironically it's right at 10%.
>>525904441>JP Morgan now under federal investigation Lmfao
>>525904441GOP cucks need to pass a bill to make it permanent.
>>525904441Its not something trump can legally do anywayI don't even think Congress could
>>525906971People who have a history of not paying pay more. Its how the world worlds. Just capping it at 10% would just get their cards cancelled
>>525907801Since when has trump ever cared about legality?
>>525908701Well then it's just his opinion. Because there is no legal mechanism for him to accomplish it
High rates exist for a reason.You can't just make a law that sets the mortgage rate at 3% and expect it to stick. Why would Credit Card rates be any different?
>>525908701Its like saying >Milk can only cost $2 gallonIts the same thing. Its a dead proposal.
>>525909425Why not? Money lenders don't have to lend money, fixed rates place the risk on the only people getting rewarded in the act, as it should be. If the potential lendee is high risk don't give them money, and if you do and they can't pay you lost the gamble.