On Tuesday, two U.S. senators proposed a bill that would cap credit card interest rates at 10%. While a 10% cap would help consumers exponentially with their credit card debt, it could have unintended ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard and Ron Lieber The Federal Reserve is expected to ...

Credit card interest rates are too damn high, according to an unlikely combination of politicians who’ve recently drawn attention to the subject. Money experts agree credit card debt can be a major ...

If you were hoping the Federal Reserve's December rate cut would make your credit card bill easier to pay off, credit specialist John Ulzheimer says there are other, more important factors to consider ...

Some people pay off their credit cards at the end of each month. They use the cards as a payment method and collect points and rewards, and never have to pay any interest. For other users, interest ...

We've all heard about the dangers of credit card debt, but few people truly grasp how quickly this type of debt can spiral ...

The Federal Reserve is widely expected to announce another interest rate cut this week, continuing its pivot away from the aggressive rate hikes that defined much of 2022 and 2023. And with millions ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard and Ron Lieber The Federal Reserve is expected to ...

Sens. Bernie Sanders (I-VT) and Josh Hawley (R-MO) introduced a bill on Tuesday aiming to cap credit card interest rates at 10%. President Donald Trump backed lowering credit card interest rates ...

An unlikely pair of U.S. senators have crossed the political divide to introduce a bill capping credit card interest rates at 10% for five years. The bill was introduced Tuesday by Republican Josh ...