Back to Trump pitches affordability in Detroit amid 2.7% inflation
Economy
Easy
multiple choice
What average APR do credit card companies currently charge?
Explanation
Average credit card APR sits at 23.79%. A cap at 10% would more than halve rates for most borrowers, but economists warn lenders might respond by reducing credit access for lower-income Americans.
Related Questions
Trump chose Detroit to signal economic priorities to which voting bloc?
Easymultiple choiceTrue or False: Trump visited a Ford F-150 plant before his Detroit speech.
Easytrue falseWhat percentage of voters disapproved of Trump's economic handling?
Easymultiple choice
2 more questions available with Premium
Unlock All QuestionsThis question is part of Trump pitches affordability in Detroit amid 2.7% inflation. 5 more questions available.