Author views Capital One's 8% drop on proposed 10% credit card rate cap as an overreaction.
COF — WATCH Author notes COF fell 8% on news that credit card interest could be capped at 10%. The author argues this is hilariously silly because such a cap would limit unsecured debt to the top 1% of borrowers.
COF down 8% on "news" of CC's being limited to 10% int. (which is hilariously silly, as it would limit unsecured debt to like the top 1%)
This Reddit post, published January 12, 2026, features u/dudeondacouch discussing COF. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/dudeondacouch · Tickers: COF