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Klarna CEO backs Trump's 10% credit card cap, criticizing rewards as built on poorer borrowers' debt
Even people who don't use credit cards pay more for everyday goods because merchants raise prices to cover card fees, said Klarna's CEO.
President Trump has proposed a 10% cap on credit card interest – a popular idea among consumers but experts warn of major hurdles to implementation.
This article adheres to strict editorial standards. Some or all links may be monetized. Depending on how you look at it, Americans’ record-high spending could be considered good or bad. For Kevin ...
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