Delinquencies reached a new high in the Philadelphia Fed’s records, with 3.5% of credit card holders failing to pay in time. Credit card issuers are reducing the limits for new cards issued as a ...
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Visa, Mastercard slump on Trump’s credit card cap plan. Why the proposal could help the stocks.
The market is treating Visa and Mastercard as losers under President Donald Trump’s plan to cap interest rates on credit cards. If anything, the proposal should help the stocks, according to Mizuho ...
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