With average credit card interest rates still hovering above 20%, even modest balances can add thousands of dollars a year in unnecessary debt. A proposal floated by President Donald Trump to ...

The act is a bipartisan effort to restore competition and transparency to a credit card system dominated by a Visa–Mastercard duopoly that has become a major driver of higher costs for small ...

This is read by an automated voice. Please report any issues or inconsistencies here. Behind the credit card, ubiquitous in American economic life now for decades, stand a very few gigantic financial ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Debit and credit cards may look the same at checkout, both ...

Credit cards can be a really helpful financial tool. You can use them to earn rewards for purchases, to take advantage of the buyer protections they offer, and to build credit. Unfortunately, credit ...

WASHINGTON, Jan 20 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Tuesday it was not unreasonable to have a discussion on the practices of credit card companies and a number of things can ...

Revolving credit card debt continues to climb as nearly half of Americans say “it’s normal,” finds NerdWallet’s annual household debt survey and analysis. Many or all of the products on this page are ...

Visa faces regulatory headwinds from proposed credit card interest rate caps and competition bills, but I maintain a buy rating. V's exposure to interest rate caps is limited versus issuers; its ...

South Korea’s KB Kookmin Card is stepping into the crypto future with a newly filed patent for a hybrid payment system that lets users pay with stablecoins through their existing credit cards. KB ...

FMI, NGA, RILA, MPC all cheer move to bring swipe fee reform to marketplace FMI, NGA and RILA are all members of the Washington, D.C.-based Merchants Payments Coalition (MPC), which also issued its ...

House Speaker Mike Johnson, R-La., pushed back on a proposal from President Donald Trump to cap the interest that credit card companies can charge borrowers. "I talked with him about it briefly ...

President Donald Trump's call for a 10% cap on credit card interest rates could impact access to credit cards for many American consumers while also impacting small businesses. Trump on Friday ...