Experts say slower debt growth and lower rates could give consumers new opportunities to pay down balances and save money.

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 ...

The Federal Reserve is widely expected to announce another interest rate cut this week, continuing its pivot away from the aggressive rate hikes that defined much of 2022 and 2023. And with millions ...

High interest rates are one of the biggest drawbacks of using a credit card to borrow money. While you can avoid paying credit card interest by following TPG's first commandment of credit cards and ...

Credit card rates may not decrease for quite some time. Rates are likely to drop once the Fed lowers its benchmark interest rate, which may not happen for a while due to lingering inflation. There are ...

Bernie Sanders and Donald Trump would not seem to agree on much of anything when it comes to economic policy. After all, Trump is a man of markets, while Sanders is a self-described “democratic ...

Amid surging credit card interest rates and rising delinquencies, a bill with bipartisan support would cap rates at 10%, about half the current average, for five years. The legislation would ...

The Federal Reserve on Wednesday issued the third consecutive quarter-point interest rate cut this year — likely impacting everything from credit card rates and mortgages to online savings accounts.

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 ...

Monthly credit card statements are causing consumers ongoing stress and concern. After years of high inflation and rising interest rates, consumers are having trouble keeping up with their credit card ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...