Credit Card Interest Rate: More people have balances on their cards, with the average amount just over $6,500, the credit ...

A fintech expert warned that a 10% credit card interest limit could backfire, leading to more debt, tighter lending and a ...

Credit card debt has reached crisis levels, with the average American cardholder now owing $7,886. When combined with ...

The report indicated that analysts from Morgan Stanley recently wrote in a research note that — outside of Bread Financial ...

A rate cap will almost certainly do more harm than good, and the Americans who will be hurt the most are the people such a ...

Senator Bernie Sanders calls Wall Street credit card practices 'usury' as major banks profit from 24% average rates while ...

In credit markets, interest rate caps lead to rejected applications, lower credit limits, and tighter underwriting for the highest risk, lowest income borrowers. Why? Because lenders don’t respond to ...

Amid voter concern about the economy and affordability, President Donald Trump announced a new policy: a 10% cap on credit ...

As part of a series of efforts to make life more affordable, President Donald Trump aims to help Americans with credit-card ...

Tuesday marks the deadline for the credit card industry to comply with President Trump's self-imposed deadline of a 10% cap on interest rates. Researchers from Vanderbilt found, Americans would save ...