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Getbig Main Boards => Politics and Political Issues Board => Topic started by: IroNat on January 13, 2026, 03:52:27 AM

Title: Big banks PANIC as Trump moves to slash credit card rates
Post by: IroNat on January 13, 2026, 03:52:27 AM
Title: Re: Big banks PANIC as Trump moves to slash credit card rates
Post by: chaos on January 13, 2026, 07:12:36 AM
Oh no, how will they ever recover their 30% loans. ::)
Title: Re: Big banks PANIC as Trump moves to slash credit card rates
Post by: GymnJuice on January 13, 2026, 11:46:29 AM
I was going to say that I agree with Trump's instinct but he's meddling too much into the free markets, that people should just stop buying stuff they can't afford and pay off their debts each month. Then I googled to see if there's already a limit on what companies can charge for interest on loans. Apparently, there are already laws on the books in many states for general consumer loans. The credit cards bypass these state laws to charge higher interest rates. So, I think he's not wrong, the credit card companies should be held to the same standards as other lending companies.
Title: Re: Big banks PANIC as Trump moves to slash credit card rates
Post by: deadz on January 13, 2026, 12:40:19 PM
10% will not happen. Wishful thinking on Mr. Trumps part. Long live the King. MAGA or GTFO!!
Title: Re: Big banks PANIC as Trump moves to slash credit card rates
Post by: Primemuscle on January 13, 2026, 01:03:03 PM
Who pays interest on credit card balances? Not me.
Title: Re: Big banks PANIC as Trump moves to slash credit card rates
Post by: deadz on January 13, 2026, 01:05:12 PM
Who pays interest on credit card balances? Not me.
Youre a fixed income bitch. Likely have canned soup for dinner daily. MAGA or GTFO, FAGG OT!