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

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

Many or all of the products on this page are from partners who compensate us when ... low ongoing interest rate will work to your advantage in the long run. NerdWallet's credit cards content ...

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 ...

Zero-interest credit cards may be tempting to some individuals who can’t quite make the full payment on their statement in ...

Sens. Bernie Sanders (I-Vt.) and Josh Hawley (R-Mo.) introduced cap legislation last month. Ocasio-Cortez has been involved ...

That's less than half the going rate for new cards as well as existing ones.

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

Americans defaulted on $59 billion in credit card debt and took on an additional $74 billion in credit card debt.

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 ...

The average APR for all credit card accounts is 15.13%, and rises to 16.65% for accounts assessed interest, according to the latest data from the Fed. Maybe those rates seem manageable but ...