NYSE:SYFConsumer Finance
Synchrony Financial Faces Rate Cap Risk Yet Screens As Undervalued
A new government proposal would cap credit card interest rates for one year, directly affecting issuers such as Synchrony Financial (NYSE:SYF).
The proposed cap targets consumer credit card APRs and is under discussion alongside the Credit Card Competition Act.
If adopted, the measures could influence interest income, fee structures, and credit policies across the credit card industry.
For you as an investor, this matters because Synchrony Financial is heavily focused on private label and...