On Tuesday, two U.S. senators proposed a bill that would cap credit card interest rates at 10%. While a 10% cap would help consumers exponentially with their credit card debt, it could have unintended ...

The World Bank observed similar outcomes in other countries, including Cambodia, Kenya, and the U.K. It found that interest ...

The Federal Reserve's latest rate cut is finally nudging some borrowing costs lower, but the relief is arriving unevenly.

The average annual percentage rate on new credit-card offers has increased for four consecutive months, one expert notes "Banks hate risk and always try to avoid it," one expert said. The average APR ...

A 0% intro APR credit card lets you avoid paying interest on purchases or balance transfers for up to 21 months. This can ...

Discover how cheap money affects borrowing, investing, and economic growth. Understand its benefits, risks, and real-life examples to make informed financial choices.

The Federal Reserve announced Wednesday it will leave interest rates unchanged. Trump has been pressuring Powell for a rate cut, arguing that maintaining a fed funds rate that is too high makes it ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

FIRST ON FOX: Former Trump economic advisor and Unleash Prosperity’s Steve Moore has sounded the alarm over a plan by senators Josh Hawley and Bernie Sanders to cap credit card interest rates at 10%.

With over a dozen credit cards and millions of credit card points racked up, Nancy Jiang condenses the complex world of card-churning for maximum rewards with minimum effort. Her work has been ...

It can help you finance the cost of a flat or repair, but it's only ideal if you can pay off the balance in time to avoid the card’s steep interest charges. Many or all of the products on this page ...