Commissions do not affect our editors' opinions or evaluations. Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 28.72%.
A new bipartisan bill introduced by a pair of senators would cap credit card interest rates in an effort to help consumers and fulfill one of President Donald Trump's campaign promises.
Currently, the average credit card interest rate exceeds 20 ... owner of Invessent, explained the impact of high interest rates using the “rule of 72.” He said, “Take the interest rate ...
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