{
	"type": "rich",
	"version": "1.0",
	"provider_name": "Action Network",
	"provider_url": "https://actionnetwork.org",
	
	"html": "<link href='https://actionnetwork.org/css/style-embed-v3.css' rel='stylesheet' type='text/css' /><script src='https://actionnetwork.org/widgets/v6/letter/cap-credit-card-interest-rates?format=js&source=widget'></script><div id='can-letter-area-cap-credit-card-interest-rates' style='width: 100%'><!-- this div is the target for our HTML insertion --></div>",
	"author_name": "More Perfect Union",
	"author_url": "https://actionnetwork.org/groups/more-perfect-union",
	"title": "Tell Congress to permanently cap credit card interest rates at 10% now",
	"thumbnail_url": "https://actionnetwork.org//images/generic_facebook.jpg",
	"description": "Last year, credit card interest rates hit an all-time high average of 28%. Some interest rates you can get today are as high as 34.74%! You can do the math here yourself. U.S. consumers hold $1.17 trillion in credit card debt, these super high interest rates drive massive profits for banks. On the campaign trail, Donald Trump promised to cap credit card interest rates at 10%. Earlier this month, Trump doubled down on his promise on his social media platform, posting: “We will no longer let the American public be ‘ripped off’ by credit card companies that are charging interest rates of 20 to 30%.” And generated some great headlines like this one: Let’s be clear, just like with the credit card companies, the devil is in the details of Trump’s new plan. His post went on to say he’s “calling for a one year cap on Credit Card Interest Rates of 10%.” A one year cap doesn’t really cut it. In fact, many lenders extend introductory offers to entice customers with promotional rates as low as 0% for as long as 18 months already. Still Trump has made the commitment and it’s extremely unlikely he’d veto legislation if Congress passed any bill to cut credit card interest rates. And that’s where these headlines have it right. An unlikely bipartisan alliance has emerged. Senators Bernie Sanders and Josh Hawley and Representatives Alexandria Ocasio-Cortez and Anna Paulina Luna have introduced bills that would immediately cap credit card interest rates at 10% -- permanently. Not for one year. For forever, or until Congress passed another bill to raise it. Check out our report on how the major credit card companies have massively increased interest rates -- and their profits -- over the last decade and then click ‘START WRITING’ to send a direct message urging your members of Congress to permanently cap credit card interest rates at 10% now.",
	"url": "https://actionnetwork.org/letters/cap-credit-card-interest-rates"
}