AOC wants to cap your credit card interest at 10%. A chart shows how current rates dwarf that amount.
A credit card interest rate cap proposed by Alexandria Ocasio-Cortez comes as APRs jumped to 21% last year.
60% of Americans carry a credit card balance — as interest rates top 20%, Fed report finds
At the same time, credit card interest rates are "very high," averaging 23% annually in 2023, the New York Fed found, also ...
Forbes10d
What Is The Average Credit Card Interest Rate?
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 ...
Are we going into a recession? Why it's not too late to prepare.
Recession fears are rising under President Trump's new campaign of tariffs. There is still time to prepare your finances.
3 borrowing options HELOCs are cheaper than right now
A HELOC offers one of the cheapest ways to borrow money now, especially when compared to these three alternatives.
Average credit card debt increased 3.5% to $6,730 in 2024
Experian explains that the average credit card balance among U.S. consumers was $6,730 as of Q3 2024, an increase of 3.5% ...
CNBC2d
Best low interest credit cards of April 2025
The average APR for all credit card accounts is 15.13%, and rises to 16.65% for accounts assessed interest, according to the latest data from the Fed. Maybe those rates seem manageable but ...
Wichita Eagle8d
Average credit card debt increased 3.5% to $6,730 in 2024
The average credit card APR was 23.37% as of Q3 2024 ... Even the direction of short-term interest rates, which have been telegraphed by the Federal Reserve for a number of years, could move ...