In this week’s PeerIQ Industry Update they cover the slowing growth rate of consumer credit which points to consumers being more cautious about borrowing; Presidential candidates Bernie Sanders and Alexandria Ocasio-Cortez released proposals for a 15 percent cap on credit card interest rates and the U.S. Court of Appeals for the Ninth Circuit upheld the constitutionality of the CFPB; Peer IQ takes a deep dive in credit card earnings for American Express, Capital One, Discover and Synchrony; data shows delinquencies are up by remain far below peaks and card companies are increasing loan loss reserves as normalization continues. Source.