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No one wants to pay interest on their credit cards. Day-to-day expenses are already high, so you don’t need to worry about ...
The Fed cut its benchmark short-term interest rate, the federal funds rate, by a full point in 2024 and the average credit card rate has only dropped from 20.74 percent at the start of 2024 ...
Senators Bernie Sanders, I-Vt., and Josh Hawley, R-Mo., introduced a bill this week that would cap credit card interest rates at a 10% annual percentage rate (APR) for five years.
With June's inflation reading coming in hotter than the month prior, the Fed is under renewed pressure to maintain its ...
Interest rates affect how much it costs to borrow money, including how much you pay in interest for credit card debt. While the Fed's decision may not change your credit card interest ...
In 2025, couples aren’t waiting for fairy-tale budgets to begin their happily ever afters. With inflation still weighing on ...
The Fed's December rate cut is the third reduction in short-term interest rates in 2024, following a half-point cut on Sept. 18 and a quarter-point cut on Nov. 7.