Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 25.35%. The ...

President Trump is demanding a 10% cap on credit card interest rates to slash record debt. Current APRs exceed 21%, costing Americans billions. Trump set a January 20, 2026, deadline for banks to ...

APR explained in simple terms for everyday borrowers. Learn how annual percentage rates affect loans and credit card payments.

Bankers argue that the proposal is often framed as consumer‑friendly, but consumers could face reduced access to affordable credit. Some 47% of credit cardholders report having a credit card balance, ...

Implementing a 10 percent cap on credit card interest rates would result in a significant reduction in credit availability, ...

GUNNISON, Utah — President Trump's proposal to cap credit card interest rates is a move that could lower costs for millions who carry debt. often just to cover basic necessities. Any credit card cap ...

Learn the impact on your credit score when you close a credit card and explore alternatives for managing debt and high interest rates.