A credit card interest rate cap proposed by Alexandria Ocasio-Cortez comes as APRs jumped to 21% last year.

The Fed report finds that 60% of credit card accounts carry a balance from one billing period to the next, despite the fact ...

Most credit cards have a variable rate, which means there's a direct connection to the Federal Reserve's benchmark. And yet, ...

Credit card interest rates and balances have been on a roller coaster over the past several years, and inflation has been a ...

How are credit card rates ... the federal funds rate, which is set by the Federal Reserve’s Federal Open Market Committee. Essentially, the federal funds rate is the interest rate that banks ...

Though HELOCs have variable interest rates and are subject to change, there have been numerous drops in HELOC borrowing rates ...

At the same time, credit card interest rates are "very high," averaging 23% annually in 2023, the New York Fed found, also making credit cards one of the most expensive ways to borrow money.

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 ...

A credit card with interest rates that are far higher than any other major kind of loan. Why do credit cards have such high ...