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House Bill Would Cap Credit Card Rates at 16 Percent - The Colorado Independent
Equating today’s rising credit card rates to usury, several House Democrats today announced plans to introduce legislation capping credit card rates at 16 percent. “Things were a lot better for the average person in this country when we had usury caps,” Rep. Louise Slaughter (D-N.Y.), head of the House Rules Committee, said in a statement […]
Mike Lillis