AOC wants to cap your credit card interest at 10%. A chart shows how current rates dwarf that amount.
A credit card interest rate cap proposed by Alexandria Ocasio-Cortez comes as APRs jumped to 21% last year.
60% of Americans carry a credit card balance — as interest rates top 20%, Fed report finds
More than half of credit card borrowers carry debt from month to month, according to a new report by the Federal Reserve Bank ...
CardRates.com2d
Despite High Interest Rates, 60% of Credit Card Users Carry a Balance From One Month to the Next
The Fed report finds that 60% of credit card accounts carry a balance from one billing period to the next, despite the fact ...
Average credit card debt increased 3.5% to $6,730 in 2024
Experian explains that the average credit card balance among U.S. consumers was $6,730 as of Q3 2024, an increase of 3.5% ...
The Motley Fool10d
Average American Credit Card Debt in 2025
The average credit card APR on interest-bearing accounts is 23.37% as of the third quarter of 2024. Credit card interest rates have risen quickly since 2021, as the Federal Reserve hiked its ...
Forbes7d
Average Checking Account Interest Rates Of 2025
Earn 1% cash back on up to $3,000 in debit card purchases each month. See website for details. The average interest rate on checking ... at many banks and credit unions. Compared to checking ...
3 borrowing options HELOCs are cheaper than right now
A HELOC offers one of the cheapest ways to borrow money now, especially when compared to these three alternatives.
The Olympian13d
Average credit card debt increased 3.5% to $6,730 in 2024
The average credit card APR was 23.37% as of Q3 2024 ... Even the direction of short-term interest rates, which have been telegraphed by the Federal Reserve for a number of years, could move ...