Bloomberg Technology
Americans ‘Ripped Off’ By Credit Cards, Says Klarna CEO
Klarna CEO Sebastian Siemiatkowski says Americans are being ripped off by high credit card rates and that rate caps have been effective in Europe. Siemiatkowski discusses President Trump’s call for a one-year 10% cap on credit card interest rates with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg…
@jeffheiner
January 13, 2026 at 3:40 pm
The entire US government is a loan shark.
@pureum1720
January 13, 2026 at 7:44 pm
10% cap will never happen because it will dry up the credit- those who are in debt should try to refinance using either family/friend money or peer-to-peer platform like Prosper. Finally, please budget and spend responsibly. Today I saw a couple upgrading their car in the dealership and they just bought the car last year! Financing is never free…I could see the smile on the salesman…
Praying for America God bless us all-
Numbers 6:24-26
“The LORD bless you and keep you; The LORD make His face shine upon you, And be gracious to you; The LORD lift up His countenance upon you, And give you peace.”
Jeremiah 29:11
For I know the plans I have for you,” declares the Lord, “plans to prosper you and not to harm you, plans to give you hope and a future.
John 14:27
Peace I leave with you; my peace I give you. I do not give to you as the world gives. Do not let your hearts be troubled and do not be afraid.
John 3:16 For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life.
James 1:5 If any of you lack wisdom, let him ask of God, that giveth to all men liberally, and upbraideth not; and it shall be given him.