Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 25.35%. The ...
Implementing a 10 percent cap on credit card interest rates would result in a significant reduction in credit availability, ...
The White House has criticized JPMorgan Chase CEO Jamie Dimon over the "criminal" interest rates the bank charges.
On Friday, President Trump called for a one-year cap of 10% on credit card interest rates, set to begin Jan. 20. Without congressional legislation, implementing a rate cap would likely be challenging.
Nearly half of American households have credit card debt and pay more than 20% in interest on their revolving balances. Even when the Federal Reserve cuts rates, those high APRs don't fall much.
The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.
Affirm Holdings remains the leading U.S. BNPL platform, with strong execution, resilient credit metrics, and a multi-year growth runway. AFRM's upcoming quarter, covering the robust holiday shopping ...
Customers who travel and shop internationally must consider getting an international credit card that has no markup on forex, making their spending hassle-free and leading to long-term savings over ...
President Trump revived a campaign promise to cap interest rates, but it is unclear how he would make that a reality. By Stacy Cowley and Niko Gallogly Banks and lenders have been in a tizzy ever ...
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