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 ...
5 reasons to pay more than the minimum on your credit card
Credit card issuers are required to include a “minimum payment warning” in compliance with amendments to the Truth in Lending ...
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What's a Good Credit Card APR?
A credit card's APR is the rate at which interest accrues on any balance you carry from one billing cycle to the next. If you ...
The senators want to cap interest at 10%, fulfilling a campaign promise made by President Donald Trump
Political odd couple Josh Hawley and Bernie Sanders on Wednesday announced they are jointly sponsoring a bill that would force credit card issuers to cut interest rates to 10%, which would ostensibly ...
When to use a personal loan to pay off credit card debt
One big problem with credit cards is if you keep using them for purchases, you may never pay off your debt. Personal loans, ...
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How to lower your credit card interest rate
CNBC Select breaks down how you can negotiate a lower interest rate on your credit card and other options available. How to negotiate a lower interest rate Gather your information If needed ...
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Sanders, Hawley team up to cap credit card interest rates
Senator Bernie Sanders, I-Vt. and Senator Josh Hawley, R-Mo. have introduced a bill to cap credit card interest rates at 10%. It’s a plan President Trump first announced on the campaign trail. If ...
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The Fed Voted to Hold Rates Steady. Your Credit Card's APR Likely Won't Change Either
Average APRs have inched down slightly, but you should focus on lowering your credit card balance as soon as you can.
5 Best Ways to Consolidate Credit Card Debt
If you're having trouble managing credit card balances, consider consolidating your debt to save time and money.
The economy's strong. Why are more Americans barely making credit card payments?
Despite a strong economy, the share of Americans making only the minimum credit card payment hit a 12-year high and ...
Would a 10% Credit Card Interest Rate Cap Be a Totally Good Thing for Consumers?
Factors like your debt-to-income ratio, your income and existing debt all influence the interest rate on your credit card.
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Credit Card Giants Drain Billions: Can Congress Take Action?
A bipartisan coalition of legislators want to break up an alleged duopoly of Visa and Mastercard in the payment processing ...