Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 25.35%. The ...

President Donald Trump called for credit card companies to cap interest rates at 10%, roughly half the industry average, effective Jan. 20. That date arrived, and credit card rates have hardly budged.

President Donald Trump’s push to get credit card companies to voluntarily cap interest rates at 10% has gone nowhere. But consumer advocates say Americans strug ...

Price controls on credit cards could create shortages like President Nixon's 1971 gasoline controls, forcing consumers toward payday lenders and reducing credit access.

Americans are carrying a total of $1.23 trillion in credit card debt as we kick off 2026, a figure that continues to climb despite recent Federal Reserve rate cuts. While the Fed slashed rates three ...

The White House sought to ramp up pressure on JPMorgan Chase & Co.’s Jamie Dimon to cap credit card interest rates, a demand of President Donald Trump amid his push to address affordability.

The best 0% intro APR cards can help you avoid interest on new purchases or pay down existing debt faster. Here are four top ...

In credit markets, interest rate caps lead to rejected applications, lower credit limits, and tighter underwriting for the highest risk, lowest income borrowers. Why? Because lenders don’t respond to ...