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Money Rehab with Nicole Lapin

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

02 Mar 2026

Transcription

Chapter 1: What is Trump's proposal for capping credit card interest rates?

0.031 - 9.567 Nicole Lapin

I love getting paid, but waiting to get paid is no fun. And when you have investments lined up or interest-bearing debt, it can even feel like waiting for your paycheck has an opportunity cost.

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Chapter 2: Why might the 10% cap not be beneficial for all borrowers?

9.887 - 13.874 Nicole Lapin

That's why I love MyPay from Chime for my friends on a salary.

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Chapter 3: Who could lose access to credit if interest rates are capped?

14.114 - 22.849 Nicole Lapin

MyPay from Chime gives you access to up to $500 of your paycheck anytime, and you can get paid up to two days early with direct deposit.

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Chapter 4: What are the risks of payday loans and high-interest alternatives?

22.829 - 27.097 Nicole Lapin

With qualifying direct deposit, the new Chime card has another added benefit.

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Chapter 5: What actionable steps can you take to manage high-interest debt now?

27.618 - 32.167 Nicole Lapin

You can get 1.5% cash back on eligible Chime card purchases.

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Chapter 6: How can knowing your APR help you tackle debt effectively?

32.788 - 36.415 Nicole Lapin

No annual fees, no interest, and no strings attached.

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Chapter 7: What is the debt avalanche method and how does it work?

36.976 - 40.903 Nicole Lapin

Chime is not just smarter banking, it is the most rewarding way to bank.

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Chapter 8: How can negotiating your interest rate save you money?

41.424 - 49.196 Nicole Lapin

Join the millions who are already banking fee-free today. It just takes a few minutes to sign up. Head to Chime.com slash MNN.

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49.476 - 72.259 Unknown

That is Chime.com slash MNN.

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72.239 - 83.751 Nicole Lapin

I'm listening to How to Keep House While Drowning, and it feels like forgiveness. I picked it up thinking it would have a few tips on organizing my home while working more than full time and being a wife and mother.

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83.933 - 104.203 Nicole Lapin

Don't get me wrong, it does have tips and tricks, but it's also a masterclass in understanding why organizing the bathroom counter is a little harder for some people than others and what to do when that's you. It's time to take care of you. Who better to help you do that than the top voices in well-being on Audible?

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104.183 - 126.664 Nicole Lapin

You can level up your parenting, career, finances, sleep, relationships, or mindset. The Audible Wellbeing Collection has everything to inspire and support you every step of the way. Hear the latest from bestselling authors Brene Brown and Jay Shetty, master nutrition with chef Jamie Oliver, hear nature sleep sounds from The Sleeping World, or get on top of your finances with Rachel Rogers.

126.644 - 148.096 Nicole Lapin

Plus, you'll find all the best parenting guides like Raising Good Humans. With this at your fingertips, you can imagine more for yourself and your family. Kickstart your well-being journey with your first audiobook free when you sign up for a free 30-day trial at audible.com slash MNN membership is $14.95 a month after 30 days. Cancel anytime.

148.657 - 169.49 Nicole Lapin

Listening to the top voices in well-being sounds like self-care to us. Audible. There's more to imagine when you listen. You've heard me talk about Bilt as the loyalty program that lets you earn points on rent wherever you live, and they just leveled up even more. As of 2026, homeowners can also earn up to 1.25x points on their mortgage payments.

169.991 - 175.72 Nicole Lapin

This is thanks to Bilt's three new credit cards, the Palladium Card, Obsidian Card, and Blue Card.

175.7 - 202.129 Nicole Lapin

all three turn your housing payments rent or mortgage into flexible rewards so you can choose the card that fits your lifestyle without missing out on points and exclusive benefits built points can be redeemed at top airlines and hotels amazon.com purchases future rent payments and more built points have also been ranked by top publications as the industry's most valuable point currency your housing payment is already your biggest expense make it your most rewarding

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