Trump’s credit rate crackdown opens door for BNPL

Donal Trump’s proposed 10% cap on credit card rates could boost BNPL providers like Klarna, offering consumers a lower-cost alternative.  US President Donald Trump has called for a one-year cap on credit card interest rates, proposing a maximum of 10% from January 20, 2026. Posting on Truth Social on January 10, Trump said the move … Continue reading Trump’s credit rate crackdown opens door for BNPL