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 bill would cap credit card rates at 10%, something Trump promised on the campaign trail. Will Trump follow through? Will ...

Senators Bernie Sanders and Josh Hawley say they will propose a 10 percent limit on credit card interest rates.

Key Takeaways Senators Bernie Sanders and Josh Hawley introduced a bill last week that would cap credit card interest rates ...

Banks will generally calculate the interest to charge on your credit card balances based on the annual percentage rate (APR) ...

Inflation is up for the fourth straight month with families paying more groceries and medical bills, and it being unlikely ...

Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal ...

Factors like your debt-to-income ratio, your income and existing debt all influence the interest rate on your credit card.

Commissions do not affect our editors' opinions or evaluations. Credit card interest rates are high and don’t appear to be coming back down anytime soon. According to the Federal Reserve ...

Sanders and Hawley’s bill comes after President Donald Trump vowed in the 2024 race to temporarily cap credit card interest ...

New legislation in Congress that would cap credit card interest rates at 10% that has the backing of President Trump could ...