A new bill in Congress would cap credit card interest rates at 10%. But the limits could harm consumers, experts warn
A new bill sponsored by Sens. Sanders and Hawley would cap credit card APRs, but that could reduce access to credit and ...
Bernie Sanders, Josh Hawley team up on Trump pledge to slash credit card rates to 10%
A bipartisan bill from Sens. Bernie Sanders and Josh Hawley aims to codify a campaign promise made by President Donald Trump ...
Josh Hawley, Bernie Sanders propose capping credit card interest rates at 10%
Senators Bernie Sanders and Josh Hawley introduced new legislation that would cap interest rates on credit cards at 10% to ...
The Pros and Cons of a 0% Balance Transfer
Usually, 0% balance transfer cards offer a 0% rate for a limited period, such as 12 to 18 months. You can structure your debt ...
Five things about credit card debt that may surprise you
Many people assume that the interest rate on their credit card is locked in, but in reality, you can often negotiate a lower rate, Lesley-Anne Scorgie writes.
Credit card delinquencies slip, charge-offs accelerate in December
December's credit card data were mixed, with a reduction in late payments alongside an increase in banks writing off debts as unrecoverable losses.
Why Americans still can't get cheaper mortgages, car loans or card balances after three Fed rate cuts
Mortgage rates actually increased and have remained a major hurdle for prospective home buyers. Car loans haven't downshifted much, and credit-card annual percentage rates, or APRs, have only crept ...
Sun readers’ chance to grill Bank of England boss Andrew Bailey – submit your question here
SUN readers are being given the chance to put their questions to the man responsible for setting how much interest you pay on ...
Vietnam Investment Reviev12d
VIB posts $358 million profit alongside impressive credit growth
VIB has released its 2024 financial results, showcasing an impressive 22 per cent credit growth rate - one of the highest in ...
Mint20d
Gold price today: MCX gold rate hits YTD high on renewed US Fed rate cut buzz
which signals strong buzz about the US Fed rate cut buzz, and the market is trying to discount this interest rate reduction buzz.
American Banker20d
Fed's Waller eyes rate cut before July
During an interview on CNBC on Thursday morning, Fed Gov. Christopher Waller said he anticipates the next rate reduction to come in the first half of this year, possibly during the Federal Open Market ...
MarketWatch20d
Bessent's criticism of Inflation Reduction Act underscores how Democratic law faces trouble this year
(AFP via Getty Images) Democratic Sen. Wyden pushed Bessent on Republican efforts to scrap at least parts of Democrats' Inflation Reduction Act of 2022, and the Treasury nominee hit back ...