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 new bipartisan bill introduced by Representatives Alexandria Ocasio-Cortez and Anna Paulina Luna aims to cap credit card ...

The Federal Reserve held interest rates steady at the end of its two-day meeting on March 19. Although the central bank is on ...

Although on the campaign trail Donald Trump proposed capping credit card interest rates, his administration is withdrawing ...

Congresswomen Anna Paulina Luna (R-Florida) and Alexandra Ocasio-Cortez (D-New York) are pushing a bad idea: they want to cap ...

For example, the current prime rate is 3.25% ... Below, CNBC Select breaks down three reasons why your credit card interest rate is so high and what you can do to avoid ever having to worry ...

High-interest credit cards can significantly increase the cost of carrying a balance, with rates around 30 percent APR being ...

According to Forbes Advisor, the current average credit card interest rate is 28.72 percent. Stock image/file photo: Credit cards laid out on a surface. Stock image/file photo: Credit cards laid ...

it may also be considered when determining your interest rate. Because those with lower income and lower credit scores are seen as higher-risk borrowers, card issuers and other lenders will be ...

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 ...