Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 25.30%. The Federal Reserve also tracks U.S. consumers' average credit card interest rates.

Unleash Prosperity warns capping credit card rates at 10% would act as a price control, potentially eliminating rewards programs and cutting credit lines.

U.S. News' experts evaluated the top lenders to find the best personal loan for credit card consolidation. Read on to find a debt consolidation loan for you.

The U.S. Federal Trade Commission (FTC) and the Bureau of Consumer Protection (BCP) warned consumers last week about a series of scam calls offering to lower credit card interest rates and save money in the process.

On April 29, the Fed announced that it would hold rates steady for the time being, in a range between 3.5% and 3.75%.

A proposed federal cap on credit card interest rates could drastically reduce Americans' access to credit and hurt the U.S. economy, a new report warns.

Credit cards are one of the most common financial tools Americans use, but they are also one of the biggest sources of debt. Today, total credit card debt in the United States has

Fed's rate hold locks in high credit card APRs The Federal Reserve’s decision to keep the federal funds rate at 3.50%–3.75% means most credit card APRs, which track the prime rate, will stay elevated. Current averages hover around 19.57% to 23.79%, making it expensive to carry balances.