Domain: tiger-web1.srvr.media3.us Credit card companies ignore Trump's 10% cap | Page 2 | Political Talk
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re: Credit card companies ignore Trump's 10% cap

Posted on 1/21/26 at 11:07 am to
Posted by Powerman
Member since Jan 2004
172179 posts
Posted on 1/21/26 at 11:07 am to
quote:

I Was assured by ksayetiger that this absolutely would happen on the 20th

Don't know why anyone would ever listen to what that runt has to say
Posted by 4cubbies
Member since Sep 2008
60390 posts
Posted on 1/21/26 at 11:08 am to
quote:

they would seek out other, worse avenues for credit.


The academic term for this is "the ghetto economy."
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
96420 posts
Posted on 1/21/26 at 11:08 am to
All he said was to lower it to 10% for year

It would be like getting a 0% interest offer for 12mnhts


The whats he doing about affordability crowd look like morons yet again
Posted by bigjoe1
Member since Jan 2024
1671 posts
Posted on 1/21/26 at 11:09 am to
quote:

As they should


I think Jamie Dimon had a good idea. Try it first in Ma. and VT. Warren and Sanders home states.
Posted by Flats
Member since Jul 2019
27435 posts
Posted on 1/21/26 at 11:25 am to
quote:

Credit card companies ignore Trump's posts on social media


Fixed.
Posted by 3down10
Member since Sep 2014
39571 posts
Posted on 1/21/26 at 11:27 am to
Government control over business is not a good thing.

Sorry your brand of marxism isn't being followed.

Now, if you just want to make usury illegal, I'd be down with that.
This post was edited on 1/21/26 at 11:28 am
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
471815 posts
Posted on 1/21/26 at 11:36 am to
quote:

Like you do here 24/7?

Uh, no.
Posted by Powerman
Member since Jan 2004
172179 posts
Posted on 1/21/26 at 11:42 am to
Self professed conservatives now begging for price controls


You idiots will back anything that Trump throws out there on a whim
Posted by ragincajun03
Member since Nov 2007
28558 posts
Posted on 1/21/26 at 11:44 am to
How dare they!

Guess President Trump will just have to threaten them with tariffs too.
Posted by el Gaucho
He/They
Member since Dec 2010
58763 posts
Posted on 1/21/26 at 12:01 pm to
quote:

Capping CC at 10% is going to hurt more than it will help. Credit risk people will resort to payday loans instead. Capping CCs at 10% won't make them suddenly more financially stable and literate and they will still need money in emergencies. CC companies will not take the risk if they can't charge higher rates.

Imagine how great this country would be if we didn’t have to all pay more for everything rather than hold “credit risk” people accountable
Posted by novabill
Crossville, TN
Member since Sep 2005
10770 posts
Posted on 1/21/26 at 4:03 pm to
quote:

'm open to the discussion here

But the idea that businesses should just bend their business models in earth-shattering ways to meet the rhetoric of the President is a tad ridiculous


3x Trump voter here and I agree with you.
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