The proposal is estimated to save working families $100 billion every year and provide interest savings of $899 per person on average annually. The letter, which includes more than 55 national and state organizations, including the AFT, United Food and Commercial Workers International Union (UFCW), NAACP, Hispanic Federation, Minority Veterans of America, and Consumer Federation of America can be found below.


Read the Letter:  Credit Card Interest Rate Cap Coalition Letter