This Week In Credit Card News: Could We See A 10% Cap On Credit Card Interest Rates? [Forbes]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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investor.mastercard.com/investor-relations/default.aspx
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Source: Forbes
Sen. Elizabeth Warren (D-Mass.) told reporters she saw an opportunity to work with President-elect Donald Trump to cap card rates. Trump promised on the campaign trail to do just that. “Bring it on,” Warren said. [ Punchbowl News ] Will lawmakers work to cap the credit card interest rate at 10%? getty Credit Crunch Crushes Dreams: Millions Face Loan Rejections, NY Fed Reports Credit is getting harder to come by, especially for auto loans, mortgages and those with low credit scores. Amid an environment where lenders are tightening, borrowers are feeling discouraged. The Credit Access Survey released by the Federal Reserve Bank of New York showed that demand—as in application—was on par with previous readings. However, credit applications were rejected at a relatively elevated pace through this year and at the highest rate since the start of the survey in 2013. Overall rejection rates touched 21%, up 0.9% from 2023's levels, per the release. Would-be borrowers saw their rejectio
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MA
Earnings
- 11/1/24 - Beat
MA
Sec Filings
- 11/13/24 - Form 8-K
- 11/12/24 - Form 144
- 11/4/24 - Form 4
- MA's page on the SEC website