At an average annual percentage rate (APR) of over 23%, today's credit card interest rates are squeezing many people's budgets, especially for those carrying significant balances.

The U.S. economy is showing mixed signals this spring. Inflation is easing and is currently at 2.4% year-over-year (as of the latest reading), but it's still sitting above the Federal Reserve's 2% ...

Historically high interest rates and falling late-payment rates suggest that credit card issuers are tightening their ...

The average credit card interest rate stands at 20.35%, just slightly below a record-high of 20.79% attained in August before the Fed began cutting rates, Bankrate data showed.

Record-high credit card interest rates and fees are bogging down consumers– here’s how to avoid them by Special to the AFRO April 15, 2025 April 15, 2025. Share this: ...

Credit card interest rates soared in 2022, and they did so with mind-boggling speed. According to Bankrate, credit card rates had the steepest single-year increase since the company began tracking ...

Paying your credit card bill early or on time each month. Aiming to keep your credit utilization rate — the percentage of your credit limit that you're using — at 30% or less.; If you're ...

If you are unable to pay off your balance just yet, there is a way to try and trim what you owe moving forward.

How To Lower Your Credit Card Interest Rate. Audited & Verified: Mar 6, 2025, 3:28pm ... While it is true the lender sets your interest rate when you open a card, few are immovable.

A new bipartisan bill introduced by Representatives Alexandria Ocasio-Cortez and Anna Paulina Luna aims to cap credit card interest rates at 10%.

Finder.com reports that BNPL can be cheaper short-term than credit cards, but credit cards offer more consumer protections ...