Interest Rate Caps – Interest rate caps may sound appealing, but in reality they can limit access to credit and harm the economy.

A proposed 10% federal interest rate cap would cut off credit for millions of Americans.

New data from issuers representing 75% of the market shows that 74%–85% of credit card accounts would be closed or sharply reduced, potentially leaving 159 million Americans unable to use their cards—including many with good or excellent credit.

See how a 10% cap would affect credit card holders in your state.

Select a State to Read the Analysis:

or See the National Impact

Tell your lawmakers: oppose the 10% credit card interest rate cap.

A proposed 10% federal interest rate cap would cut off credit for millions of Americans.

See how a 10% cap would affect credit card holders in your state.

Protect consumers’ access to credit.