Credit card interest rates stand near a record high. Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week. Credit card debt climbed ...

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 local ...

In today's borrowing landscape, credit card users are facing some very steep interest rates. The average rate on credit card accounts assessed interest recently climbed above 22%, for example, and ...

Unfortunately, if you’re among the half of credit cardholders who carry debt from month to month, you’re unlikely to catch much of a break in 2025. Even though rates have fallen to a low of 20.27 ...

The Federal Reserve is widely expected to announce another interest rate cut this week, continuing its pivot away from the aggressive rate hikes that defined much of 2022 and 2023. And with millions ...