Lawmakers are pushing for a cap on credit card interest rates to lower costs—but it could have negative consequences.

Some advocates of interest rate caps argue that this isn't a bad outcome. They insist that the poor borrow themselves into ...

Democratic lawmakers are focusing on two popular economic fixes: capping interest rates on credit cards and student loans.

Senate Democrats are preparing to cap credit card interest rates at 10%, a move that could save Americans billions in ...

Candidates of both parties are advocating caps on credit card interest rates as they campaign for next week’s midterm ...

Warren said she's ready to work with Trump on a 10 percent credit card rate cap as Democrats prepare to take control of ...

Credit card balances continue to grow across the country, while borrowing costs remain high for millions of consumers. From ...

The Federal Reserve raised interest rates in September, which could make your credit card debt even more expensive. Why? Although the federal funds rate technically affects lending between banks, ...

Credit card debt has become particularly expensive to carry over the last few years, and borrowers aren't exactly heading into September with much relief on that front. Credit card balances have been ...

If you carry a balance month to month, a low-interest credit card can help keep costs down. CNBC Select has named the best credit cards with low interest rates. Many have APR ranges, and you typically ...

BHG Financial reports that rising credit card APRs, now averaging 22%, act like a "wealth tax," redirecting funds that could ...

Denied a lower credit card rate? You may still be able to cut interest costs through a hardship program, credit counseling or a balance transfer card.