A credit card interest rate cap proposed by Alexandria Ocasio-Cortez comes as APRs jumped to 21% last year.

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 ...

You aren't necessarily stuck with your current credit card rates. These simple strategies could help lower them.

How are credit card rates ... the federal funds rate, which is set by the Federal Reserve’s Federal Open Market Committee. Essentially, the federal funds rate is the interest rate that banks ...

The Fed may make adjustments to the federal funds rate based on the economy's current ... however, credit cardholders' interest rates are above the prime rate. "Most credit card issuers add ...

A credit card with interest rates that are far higher than any other major kind of loan. Why do credit cards have such high rates? The New York Federal Reserve looked into the matter and came up with ...

Making matters worse is that credit card interest rates are notably high right now. And they may not fall for quite some time for one key reason. It’s a matter of stubbornly high inflation You ...

Find a good loan based on current rates Loan amount Loan term Loan purpose When you refinance a car loan, you replace your current loan with one that lowers your interest rate, reduces your ...

If you're only making the minimum payments on your credit card debt, it's time to find a better debt strategy.

APR speaks specifically to the cost of borrowing money, whether for a mortgage, a car or a credit card. APR represents a loan’s periodic rate (the interest rate given for a specific period ...

What’s in your wallet? A credit card with interest rates that are far higher than any other major kind of loan. Why do credit cards have such high rates? The New York Federal Reserve looked into ...