Description: Several congressional Democrats said on Wednesday they plan to introduce legislation next week to cap credit card interest rates.
Questions for discussion:Ã‚Â
- What the arguments for and against regulating credit card interest rates?
- Do you believe rates should be regulated? Explain your answer.
- What are the likely consequences of a more highly regulated credit card industry for the consumer and for the banks?
Leave a Reply
You must be logged in to post a comment.