Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 25.35%. The ...

A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, pressure bank profits ...

Implementing a 10 percent cap on credit card interest rates would result in a significant reduction in credit availability, leading to an affordability crisis, reduced small business demand, and a ...