Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of ...

How are credit card rates ... the federal funds rate, which is set by the Federal Reserve’s Federal Open Market Committee. Essentially, the federal funds rate is the interest rate that banks ...

New bipartisan legislation has been introduced to immediately enforce an interest rate cap of 10 percent on credit cards.

Meanwhile, credit cards have become one of the most expensive ways to borrow money. Lower-income households that had to stretch to cover price increases, have been hit especially hard after the ...

Interest rates for good credit are typically around or below the national average. A fair or poor credit score could mean an APR that rivals credit card interest rates. This table outlines the ...

A new bipartisan bill introduced by Representatives Alexandria Ocasio-Cortez and Anna Paulina Luna aims to cap credit card ...

Republican Rep. Anna Paulina Luna of Florida joins with Democratic Rep. Alexandria Ocasio-Cortez of New York to push a ...