Subject: Re: 10% credit card rates
Limiting credit card interest rates to 10%, assuming there's any legal way of doing that in the first place, will simply result in people with low credit scores being unable to obtain credit at all.

Price controls = shortages.

As a matter of fact, since the typical credit card interest rate for even people with good credit is usually no less than 18%, no one will be able to have a credit card.

It's a silly idea.