Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 25.35%. The ...
Intro APR offer: The Wells Fargo Reflect Card offers a 0% intro APR for 21 months from account opening on purchases and ...
You may have seen the term “APR” while shopping for auto loans, mortgages or credit cards. It stands for “annual percentage rate” and describes the yearly cost of carrying an unpaid balance in various ...
That's good news for banks. When the Fed cuts rates, it pushes short-term rates down more quickly than long-term rates, ...
Susan Cannon, 73, owes nearly $40,000 across 19 credit cards. High interest rates are preventing her from retiring.
A proposal pitched as a way to help consumers struggling with interest rates is unsettling the financial sector. As President ...
President Donald Trump called for credit card companies to cap interest rates at 10%, roughly half the industry average, effective Jan. 20. That date arrived, and credit card rates have hardly budged.
Implementing a 10 percent cap on credit card interest rates would result in a significant reduction in credit availability, ...
The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.
The White House has criticized JPMorgan Chase CEO Jamie Dimon over the "criminal" interest rates the bank charges.
At first glance, proposals like the Credit Card Competition Act and President Donald Trump’s idea to cap credit card interest ...