The average credit card interest rate is 22.80%, according to November 2024 Federal Reserve data — a significant jump from the average 16.98% rate in 2019. However, the current credit card ...

Amid surging credit card interest rates and rising delinquencies, a bill with bipartisan support would cap rates at 10%, ...

Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of ...

Factors like your debt-to-income ratio, your income and existing debt all influence the interest rate on your credit card.

Senators Bernie Sanders and Josh Hawley say they will propose a 10 percent limit on credit card interest rates.

Banks will generally calculate the interest to charge on your credit card balances based on the annual percentage rate (APR) ...

Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal ...

Commissions do not affect our editors' opinions or evaluations. Credit card interest rates are high and don’t appear to be coming back down anytime soon. According to the Federal Reserve ...

New legislation in Congress that would cap credit card interest rates at 10% that has the backing of President Trump could reshape financial services, though it would carry a cost.

It works not unlike a credit card, but the money ... for other SoFi Plus benefits. Interest rates are variable and subject to change at any time. These rates are current as of 1/24/25.

Mortgage rates are unlikely to see major drops any time soon, as economic markets wait to see what comes of the Trump ...