Unexpected lowered credit limits can harm your credit score, but there are steps you can take to mitigate the damage.
President Donald Trump called for a 10% cap on credit card interest rates. Here's what experts say that could mean for cardholders, if implemented.
The White House has criticized JPMorgan Chase CEO Jamie Dimon over the "criminal" interest rates the bank charges.
Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 25.35%. The ...
President Donald Trump called for credit card companies to cap interest rates at 10%, roughly half the industry average, effective Jan. 20. That date arrived, and credit card rates have hardly budged.
President Trump is demanding a 10% cap on credit card interest rates to slash record debt. Current APRs exceed 21%, costing Americans billions. Trump set a January 20, 2026, deadline for banks to ...
A cap on rates sounds like a dream for borrowers, but experts warn it could turn into a nightmare for some.
The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.
It’s National Credit Card Reduction Day! It’s a reminder credit cards should be used *wisely –no matter the limit. But of course– debt happens! So Mika Saunders joins us with more on paying off those ...