Particle Data Platform
Money Rehab with Nicole Lapin

Trump Wants to Cap Credit Card Interest at 10%. Here's What That Actually Means for You.

3/2/202611 min

President Trump wants to cap credit card interest rates at 10%, and if you're one of the millions of Americans drowning in credit card debt, that sounds like a dream. But Nicole breaks down why this proposal might not be the hero story it seems, and what you should actually be doing right now while Washington debates.

Nicole explains the real reason a rate cap could backfire, why people with lower credit scores could end up worse off, and the actionable moves you can make today (no legislation required). From the debt avalanche method to balance transfers, personal...

Transcript preview

First 90 seconds

  1. Nicole Lapin· Host0:00

    I'm about to head out on a trip for 10 whole days. I'm actually not going far from my home in LA. I wanted to minimize travel time and maximize leisure. I'm gonna put the out of office up on my inbox and retreat from the world to rest. I don't think I've ever gone away that long in my entire life, certainly not in the last 20 years. Honestly, it's a little scary. What will happen at work if I'm not always in my inbox and working on deals? As you can tell, I have a lot of anxiety about going, and guilt. One thing that helps me feel better about taking a break is that I know I can list my space on Airbnb while I'm away. Instead of sitting empty, your space can generate some extra income and help offset the cost of travel. It's a simple, practical way to make use of what you already have. If you've got upcoming travel plans, it's the perfect opportunity to list your space. And now hosting is easier than ever with Airbnb's co-host network. You can hire a vetted local co-host to take care of the details for you. A co-host can create your listing, manage reservations, handle guest communication, and even provide on-site support so the stay runs smoothly even when you're away. You get to share your space with someone traveling to your area while you're off making memories somewhere else. If you've considered

We value your privacy

We use cookies to understand how you use our platform and to improve your experience. Click "Accept All" to consent, or "Decline non-essential" to opt out of non-essential cookies. Read our Privacy Policy.