Tag: Credit Card Interest Rates

What would happen if President Trump’s proposed 10% cap on credit card interest rates were enacted nationwide? The New York ...

Credit card rates remain high for two main reasons, according to a new study from the New York Fed: steep ...

Credit card issuers are navigating a landscape filled with macroeconomic challenges, regulatory uncertainty, and financially strained consumers. Unfortunately, the road ...

Following up on a pledge made by President Donald J. Trump during his campaign, the unlikely team of Josh Hawley ...

Record-high credit card balances and delinquency rates did not stop consumers from accumulating even more debt this holiday season. Persistently ...

The average interest rate for retail credit cards has reached a record high of 30.45%—well above the average rate for ...

One idea floated in the current presidential race is temporarily imposing price controls on credit card rates, limiting them to ...

Recent record highs in credit card balances may be attributed to various factors, but research reveals an explanation that hasn’t ...

The average annual percentage rate (APR) on credit cards reached 22.8% in 2023, according to a report from the Consumer ...

Today’s read comes from the Wall Street Journal, which wonders, “What’s Behind $1 Trillion in Credit Card Balances.”  The article's ...