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Bernie Sanders and Alexandra Ocasio-Cortez have proposed capping credit card interest rates at 15%. It sounds appealing and benevolent, of course: wouldn't people be better off if the interest ...
The Fed held interest rates steady, but some credit card APRs keep going up. Here's why By Jessica Dickler, CNBC • Published June 20, 2025 • Updated on June 20, 2025 at 12:29 pm ...
Credit card debt is rising at its fastest clip in more than 20 years, according to the Federal Reserve Bank of New York. Overall, Americans owe $887 billion on their credit cards, a 13 percent ...
People don’t like to talk about debt. But now that the average credit card interest rate in America is a shocking, all-time record of 24.45%, we need to push past that money taboo. Definitely ...