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

There is no federal law regarding maximum credit card interest rates, however, laws do exist at the state level. Here's what ...

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 ...

Most credit card issuers offer a variable annual percentage rate (APR), which means that the interest rates fluctuate with market conditions. They are often set by looking at the Federal Reserve's ...

it may also be considered when determining your interest rate. Because those with lower income and lower credit scores are seen as higher-risk borrowers, card issuers and other lenders will be ...

Congresswomen Anna Paulina Luna (R-Florida) and Alexandra Ocasio-Cortez (D-New York) are pushing a bad idea: they want to cap ...

Credit card interest is expensive, but you can reduce or eliminate it. While credit card interest rates edged lower toward the end of 2024, the average credit card interest rate is still a little ...

Usury laws set limits on the amount of interest lenders can charge on loans and are typically set at the state level. There ...

With a 0% APR intro offer on new purchases, you can avoid credit card interest for up to 21 months. These are the best ...