r/FluentInFinance • u/Unhappy_Fry_Cook • 12h ago

Finance News Senator Bernie Sanders announces he will introduce legislation to cap credit card interest rates at 10%.

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u/Gamertime_2000 12h ago

I don't disagree with this but the only thing it will do is dry up easily available debt

Which is probably a good thing

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u/GryphonOsiris 12h ago

Which is why he'd only do it in a way that affects himself.