Credit card balances have dropped 2.5% in the past 12 months – the largest decline we've seen since the height of the COVID-19 pandemic in 2020 – and credit card spending has dipped for the third time ...
The Federal Reserve is widely expected to announce another interest rate cut this week, continuing its pivot away from the aggressive rate hikes that defined much of 2022 and 2023. And with millions ...
Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ...
Credit card interest rates stand near a record high. Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week. Credit card debt climbed ...
With over a dozen credit cards and millions of credit card points racked up, Nancy Jiang condenses the complex world of card-churning for maximum rewards with minimum effort. Her work has been ...
Interest rates on credit cards have been unusually high for a while and have become an occasional target of politicians. In 2020, during Kamala Harris' first presidential campaign, she proposed ...
Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of local ...
On Tuesday, two U.S. senators proposed a bill that would cap credit card interest rates at 10%. While a 10% cap would help consumers exponentially with their credit card debt, it could have unintended ...
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