A new bill sponsored by Sens. Sanders and Hawley would cap credit card APRs, but that could reduce access to credit and ...
Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card ...
Average APRs have inched down slightly, but you should focus on lowering your credit card balance as soon as you can.
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
Citigroup can force military personnel to arbitrate claims that its Citibank unit charged unfairly high interest rates on ...
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
Matt is currently Head of the Coverage Team at The Motley Fool. He has been a full-time Motley Fool employee since 2012 and is a former advisor and analyst for multiple Motley Fool services.
Here’s what we saw in 2024 when it came to credit cards and debt: Interest rates began to fall, but credit card APRs are still catching up: The Federal Reserve lowered interest rates three times ...
During the presidential campaign, Trump said he would cap credit card interest rates at 10%. Sen. Bernie Sanders, independent of Vermont, said he supported Trump's campaign pledge ...
The bond market’s moves might seem strange given that the Federal Reserve has lowered interest rates three times starting in September. But it’s a reminder that markets care more about the future than ...
The Federal Reserve is expected to hold rates steady at its Jan. 28-29 meeting with a few more rate cuts over the course of the year. As a result, most types of consumer loans will be moderately ...