(Bloomberg) -- As part of a series of efforts to make life more affordable, President Donald Trump aims to help Americans with credit-card debt. After demanding on social media that credit-card ...

Even a small rate cut could save you hundreds — or thousands — over time.

The average credit card interest rate is now a whopping 23.79% — a rate that makes it difficult to crawl your way out of credit card debt once you have it. But that rate would be a lot lower if ...

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation. The ...

A proposal pitched as a way to help consumers struggling with interest rates is unsettling the financial sector. As President Donald Trump and other populist lawmakers push for a 10% cap on credit ...

Perhaps feeling the heat of “affordability” concerns, President Donald Trump recently revived one of those bad ideas that never seem to die: a cap on credit card interest rates. His current proposal ...

For once, US President Donald Trump has put forward a proposal that appears actually to be aimed at protecting the “little guy” from predatory institutions. His call for a one-year, 10% cap on ...

High-interest debt has a bad reputation — and rightfully so. Debt that charges high rates is the most expensive for borrowers to carry. And the longer you leave it unpaid, the quicker the costs grow, ...

Sign up for our daily newsletter to get two stories in your inbox every weekday, plus a best-of-the-week roundup on Sundays. Opt out any time. Constant Contact Use ...

This article adheres to strict editorial standards. Some or all links may be monetized. With credit card interest rates near record highs, you might feel like it’s impossible to pay down your debt. In ...