A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...
A political odd couple is joining forces to lower credit card interest rates. Sen. Bernie Sanders (I-Vt.) and Sen. Josh ...
Citigroup can force military personnel to arbitrate claims that its Citibank unit charged unfairly high interest rates on ...
The Bank of England opted to hold the base rate at its current level in December, meaning interest rates began 2025 at 4.75 per cent. The next rate decision will be announced on Thursday 6 ...
Almost more troubling than the total amount of U.S. credit card debt are the sky-high interest rates consumers owe on their balances—APRs that have been climbing higher as market interest rates ...
auto loans and credit cards. But those increases were not matched with high interest rate payouts on savings accounts at banks including Bank of America, Citibank, JPMorgan Chase, PNC Bank ...
Matt is currently Head of the Coverage Team at The Motley Fool. He has been a full-time Motley Fool employee since 2012 and is a former advisor and analyst for multiple Motley Fool services.
Here’s what we saw in 2024 when it came to credit cards and debt: Interest rates began to fall, but credit card APRs are still catching up: The Federal Reserve lowered interest rates three times ...
During the presidential campaign, Trump said he would cap credit card interest rates at 10%. Sen. Bernie Sanders, independent of Vermont, said he supported Trump's campaign pledge ...
The bond market’s moves might seem strange given that the Federal Reserve has lowered interest rates three times starting in September. But it’s a reminder that markets care more about the future than ...