Credit card balances have dropped 2.5% in the past 12 months – the largest decline we've seen since the height of the COVID-19 pandemic in 2020 – and credit card spending has dipped for the third time ...

Credit card interest rates stand near a record high. Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week. Credit card debt climbed ...

With average credit card APRs now near 24% and total card balances at record highs, plastic has quietly become one of the ...

Credit card interest rates and balances have been on a roller coaster over the past several years, and inflation has been a key contributing factor. For example, in November 2024, the latest month for ...

Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ...

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 ...

With over a dozen credit cards and millions of credit card points racked up, Nancy Jiang condenses the complex world of card-churning for maximum rewards with minimum effort. Her work has been ...

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 ...