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Credit card debt is an embarrassment to many Americans. It is especially embarrassing, apparently, to people who earn a lot.
That's what the average credit card interest rate is right now. Technically, at 21.37%, according to recent data from the ...
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 ...
Your investment portfolio hit double digits last year, but somehow you're not making any headway paying off thousands in ...
But bank groups argue that an interest rate cap will harm the very groups Sanders is trying to protect. In their letter to ...
If you don't mind jumping through a few minor hoops, you can benefit from lower than average interest rates, compared to major card issuers. Credit union cards typically require you to become a ...
In this case, the credit card company charges high interest rates to protect themselves if ... issuers charge higher average APRs across their entire customer base. But keep in mind, you have ...
Credit card balances have ballooned to record highs in recent months with the average credit card debt in the U.S. estimated ...
Raising or lowering the federal funds rate -- the overnight interest rate between banks -- creates a domino effect. Credit card issuers often follow the Fed's lead, increasing or decreasing their APRs ...
Not sure if you need a debt relief service? Knowing these three timely myths can help better determine your answer.
The typical credit card rate formula is the Prime Rate plus a profit margin set by the card issuer. On average ... the federal funds rate is the interest rate that banks charge each other for ...