Consumer News Credit Card Interest Rates Are High And Going Higher

Federal Reserve meets Wednesday for interest rate decision. Here's what economists predict.

Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, economists say. Read More

What will next Fed rate cut mean for mortgages, credit cards and car loans?

While a Fed rate cut is big news, consumers might only be expected to see slight relief when it comes to much borrowing. Read More

Store credit cards can come with sky-high interest rates

TULSA, Okla. — Retailers typically ramp up aggressive sign-up strategies for store credit cards as the holiday shopping season approaches. Before you sign up, financial experts warn that the enticing ... Read More

Federal Reserve cuts interest rates: What’s next for credit cards, auto loans, mortgages

Interest rates for credit cards and some other loans will head down, now that the Fed has cut short-term interest rates for the first time in 2025. Read More

Personal Loan vs. Credit Card Rates: Why Borrowing $5K Could Cost You Way More

If you need to borrow quickly without putting up collateral, you have two realistic choices: personal loans and credit cards. In recent years, however, borrowing with credit cards has become much more ... Read More

Some premium credit cards have hiked annual fees by 45% — make sure ‘fee creep’ isn’t quietly canceling your rewards

For some Americans, paying a high annual fee on a premium credit card is worth it for the perks. But, with credit card companies hiking those annual fees — by as much as 45% — is fee creep starting to ... Read More

Some premium credit cards have hiked their annual fees by 45% — how to stop ‘fee creep’ from from robbing you of your hard-earned rewards

You could always try calling your credit card company to ask for a reduced fee or interest rate. The company may offer you a better rate to stay on as a customer, especially if you’re prepared to ... Read More

Federal Reserve cuts interest rates: What’s next for credit cards, auto loans, mortgages

Mortgage rates have already edged down some to around 6.35% as of Sept. 11 from around 7% in January. Many consumers have been on the sidelines lately waiting for interest rates to drop before buying ... Read More

Federal Reserve cuts interest rates: What’s next for credit cards, auto loans, mortgages

After a year of sitting on the sidelines, the Federal Reserve finally cut short-term interest rates by a quarter-point. It's perhaps the most boring financial news out there, given that many market ... Read More