You know, these are people, regular people, they don't know that they're paying 28%. Then it's a little bit overdue and they end up having to file for bankruptcy. Not going to let that happen. So It's a one year, 10% cap. Wood Credit cards. We have to get that approved by Congress too. That's not a no brainer. Did you say that you should be a no But it's not, sir. Did you say that you spoke with Maria Machado today? I did, yeah. (19:41–19:47)
CLAIM
Asserts there is a proposed one-year, 10% interest cap on credit cards that requires Congressional approval.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
