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Credit Card Cap: What It Means for Your Wallet

Heard the buzz about capping credit card interest rates? JPMorgan’s CFO says if rates get slashed, banks might pull back on offering cards—especially to folks with lower credit scores. That could mean fewer options for people who rely on credit for emergencies or big purchases. So, while lower rates sound great, it might get trickier to snag a card if this goes through. Keep an eye on your options! #Business #MakeMoney #CreditCard