Credit card interest rates are high and don’t appear to be coming back down anytime soon. According to the Federal Reserve, the average interest on credit card balances was 22.8% as of November ...

Credit card APRs come in two forms — variable and fixed. A variable APR fluctuates with the prime rate and can increase or decrease at any time. For instance, when the Fed cuts interest rates ...

For example, if you had $10,000 worth of credit card debt at an APR of 22%, you'd pay $3,748.56 in interest over three years, according to Calculator.net's credit card interest calculator.

Fixed-rate cards are rare in the credit card world. Kelley notes, "It is easier for the credit card companies to manage their interest rate risk by issuing variable rate debt to consumers." ...

If you’re looking for a solution to high-interest debt, such as auto loans or credit card balances, at a lower interest rate, a fixed-rate HELOC (home equity line of credit) can be a solution.

More and more people who are filing for bankruptcy have retail credit card debt, and those bills are getting harder to pay ...

From credit cards and mortgages to auto loans and savings accounts, all sorts of consumer borrowing costs may be impacted by the Fed’s decision on rates.