HR. 1944In Committee

10 Percent Credit Card Interest Rate Cap Act

What this bill does

Cap credit card interest rates at 10 percent to limit charges on consumer credit

Key points
  • Cap credit card interest rates

Where it stands

Status
In Committee
Latest action
2025-03-06Referred to the House Committee on Financial Services.

Topics and policy areas

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About these signals

Methodology

Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.

Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.