Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 25.35%. The ...
You may have seen the term “APR” while shopping for auto loans, mortgages or credit cards. It stands for “annual percentage rate” and describes the yearly cost of carrying an unpaid balance in various ...
Nearly half of American households have credit card debt and pay more than 20% in interest on their revolving balances. Even when the Federal Reserve cuts rates, those high APRs don't fall much.