Credit card insider wants tougher rules for his own industry
Ari Page has led Fund&Grow for nearly two decades, and says the company has helped tens of thousands of business owners access more than $2 billion in credit card financing with no FTC action or CFPB complaint against it. Now a regular voice in business media, he says a handful of bad actors have given the credit card funding industry a bad name — and he wants tougher rules to fix it.
See Full Article Here ->AI Personal Finance
FOX 13’s Blake Devine sits down with Ari Page of Fund&Grow to talk about ways to use AI for finances.
See Full Article Here ->Credit expert warns Trump’s credit card rate cap will create bigger problems
Ari Page, founder of Fund&Grow, explains how credit card companies set interest rates based on borrower risk profiles like payment history, income, and debt levels. He warns that a proposed 10% rate cap could backfire, pushing lenders to deny credit entirely to higher-risk borrowers rather than offering pricier options.
See Full Article Here ->Credit Card 10% Rate Cap Would Block Access for Millions
In August, Senator Bernie Sanders announced that he would introduce legislation to cap interest rates charged by credit card companies at 10%.
See Full Article Here ->