Credit card interest rates are surging: How to lower yours now

The average card rate now surpasses 23%, a record high. Luckily, there are rate-reducing strategies that can help.

Will credit card interest rates increase now that inflation is climbing?

Inflation ticked back up again in October, which could impact your credit card interest rates. Here's how.

Credit card debt just hit a new high. Here's how to tackle yours now.

The total amount of credit card debt nationwide just keeps climbing. Here's how to get rid of your card debt now.

How to get rid of credit card debt without ruining your credit

You don't have to sacrifice your credit score to get rid of credit card debt. There are lots of routes to consider.

This bank account is paying 5.25% right now as interest rates surge

Big rises in yields in recent weeks are good for savers.

Business - MarketWatch - October 30

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.

Business - CNBC - November 1

Why credit card rates remain high, even after interest rate cuts

Credit card interest rates stand near a record high.

How Fed Rates Influence Credit Cards, Loans, Savings and More

Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.

Business - The New York Times - November 7

How to have your credit card debt forgiven this November

Need to have your credit card debt forgiven? There are a few ways to pursue this type of debt relief now.

Here's how your credit card debt can become uncollectible

If you're behind on your payments or are curious about your rights regarding old debt, here's what to know.

Inflation and interest rates tracker: see how your country compares

Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you

World - Financial Times - 3 days ago

Will enrolling in a credit card debt management program hurt your credit?

Certain debt relief strategies can have a negative impact on your credit — but is debt management one of them?

Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates

Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.

Business - Inc. - October 30

How Trump’s win could shake up taxes, jobs and interest rates — and what that means for your money

You don’t need to be a rocket scientist to understand why Donald Trump won the U.S. presidential election. Most Americans have said, consistently, that the economy is on the wrong track.

Business - MarketWatch - November 9

The Federal Reserve lowers interest rates by 0.25 percentage points

The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.

Trump has promised lower interest rates. That will be largely out of his control.

While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a range of factors largely outside of the president’s control.

Politics - NBC News - November 11

Powell says Fed in no ‘hurry’ to lower interest rates further

Central bank chair warns path to a reduction in inflation will be ‘bumpy’

Business - Financial Times - November 14

How will a late credit card payment impact my credit score?

Just one delinquent credit card payment could have a big impact on the health of your credit. Here's how.

How to qualify for a credit card hardship program this November

If you can't pay your credit card bills, a hardship program could provide relief, but you'll need to qualify first.

How to Choose the Right Travel Credit Card

Fees, sign-up bonuses and whether the card is aligned with a particular hotel brand or airline are all factors in the decision.

Business - The New York Times - November 15

7 credit card fees that increase the cost of your debt

Interest charges aren't the only things that can cause your credit card debt to balloon. These fees can, too.

Behind on your credit card bills this November? 3 options to consider

Missing credit card payments can have serious consequences, but there are ways to get your finances back on track.

3 important things to know if your credit card debt goes to collections

If your credit card debt is delinquent and is now in the hands of a debt collector, here's what to know.

5 ways to tackle your credit card debt before the holidays

These useful tips can help you deal with your lingering debt issues before the holiday season arrives.

What's a good HELOC interest rate now that rates are falling again?

HELOC interest rates are on the decline. Here's what a good rate looks like now that rates are falling again.

Mortgage demand stalls as interest rates surge higher ahead of election

Total mortgage application volume was essentially flat, falling 0.1% compared with the previous week.

Business - CNBC - October 30

Weekly mortgage demand tanks 11% as interest rates surge higher

Total mortgage application volume dropped 10.8% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.

Business - CNBC - November 6

When do late credit card payments show up on your credit report?

If you've made a late credit card payment recently, here's when it could start impacting your credit score.

How far will mortgage interest rates fall in November?

Wondering whether mortgage rates will drop further in November? Here's what experts have to say about it.

How long can delinquent credit card debt be collected?

The timeline for collecting late credit card debt may surprise you. Here's how long debt collectors can pursue it.

Here's how to qualify for credit card debt forgiveness before 2025

Debt forgiveness could help you save money on what you owe, but you'll need to meet some requirements to enroll.

Why credit card debt forgiveness is worth it even with more Fed rate cuts

Another interest rate cut was just issued. Here's why you should still pursue credit card debt forgiveness anyway.

Three ways to play the bond market as the Fed lowers interest rates, this analyst says

Falling interest rates will steepen the yield curve and make these credit ETFs attractive

Business - MarketWatch - October 25

US central bank lowers interest rates by quarter point as new Trump term looms

Rates are now at 4.5% to 4.75%, after two reductions by the Federal Reserve starting in September. The US Federal Reserve lowered interest rates by a quarter point on Thursday, knocking them ...

World - The Guardian - November 7

Stocks end lower after Powell throws cold water on hopes for December interest-rate cut

The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.

Business - MarketWatch - November 14

Economy gets boost after election on hopes of lower interest rates and pro-business Trump presidency, survey finds

The economy sped up in November and kept the U.S. on track for another strong quarter of growth, fueled by optimism about falling interest rates and the prospect of a pro-business Trump ...

Business - MarketWatch - Yesterday

Want to have your credit card debt forgiven? Avoid these 3 costly mistakes

If you want to settle your credit card debt for less than what you owe, make sure to avoid these big mistakes.

3 ways to have your credit card debt forgiven in the final weeks of 2024

Don't let your high-rate credit card debt follow you into the new year. Take steps to have it forgiven now instead.

Lower taxes? Surging crypto? 3 ways a Trump presidency could affect your money

Trump will now turn toward enacting his policy agenda, with the help of a Congress that is likely to skew Republican.

Business - CNBC - November 6

Interest rate cut expected from Fed, U.S. markets surge after Trump election win

Federal Reserve Chair Jerome Powell is expected to announce an interest rate cut of 0.25 percentage points Thursday afternoon. That news comes as U.S. markets soar following the election of Donald ...

Latest in Credit card interest rates are surging: How to lower yours now

Topics