The Fed tends to take all the blame for high borrowing costs—but is the central bank really the only culprit? According to the Consumer Financial Protection Bureau (CFPB), the average credit card APR ...
Hosted on MSN
The Fed slashed interest rates, but some credit card APRs aren't going down. Here's why
Although the Federal Reserve started slashing interest rates in September, the average credit card interest rate has barely budged. For some retail credit cards, interest rates have only gone up. In ...
Mary Jackson is CEO of the Online Lenders Alliance, the online lending industry's center for lending, technology, and innovation. Annual percentage rates (APRs) can be an important and useful metric; ...
The Federal Reserve’s move this week may have dire ramifications for people who carry balances on their credit cards from month to month. The central bank gassed up its benchmark interest rate another ...
Even with the Federal Reserve on the sidelines, credit card rates are edging higher. In June, credit card interest rates rose for the third straight month, hitting the highest level since December, ...
This is not the first rate hike this year on popular cards like The Platinum Card® from American Express -- and it won't be the last. Jaclyn was a CNET Money editor with a fondness for the sweet spot ...
Hosted on MSN
The Fed held interest rates steady, but some credit card APRs keep going up. Here's why
Although the Federal Reserve hasn't changed its benchmark since December, the average credit card interest rate keeps inching higher. In part, card issuers are trying to protect themselves from ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback