We've all heard about the dangers of credit card debt, but few people truly grasp how quickly this type of debt can spiral out of control. It typically starts with a small balance that you plan to pay ...

Credit card interest rates are too damn high, according to an unlikely combination of politicians who’ve recently drawn ...

Even with the Federal Reserve on the sidelines, credit card rates are edging higher. In June, credit card interest rates rose for the third straight month, hitting the highest level since December, ...

Americans collectively have $1.277 trillion in credit card debt, according to the latest consumer debt data from the Federal Reserve Bank of New York. This is a significant clampdown on current ...

New York — Americans would save roughly $100 billion a year in interest costs if President Donald Trump’s campaign proposal to cap credit card interest rates at 10% were implemented, according to a ...

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 local ...

As he sought to recapture the White House in 2024, Donald Trump promised to "put a temporary cap on credit card interest rates at 10%." During his presidency, bipartisan lawmakers have introduced ...