Banks hit credit card users with higher rates in response to regulation that may never arrive

Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe will never take effect.

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Banks hit credit card users with higher rates in response to regulation that may never arrive

CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.
CNBC - 15h
Will credit card interest rates fall this December?

Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.
CBS News - 1d
What credit card debt relief options work best with bad credit?

A damaged credit score can complicate the debt relief process, but you still have plenty of options to consider.
CBS News - 14h
3 reasons to consider credit card debt forgiveness this December

This month could be an ideal time to settle your credit card debt for less than what you owe. Here's why.
CBS News - 1d
How can I avoid paying interest on my credit card?

Interest charges can cause your balance to balloon quickly, but these strategies can reduce those extra costs.
CBS News - 15h
3 ways seniors can lower their credit card debt in 2025

If you're a senior with high-rate credit card debt, it helps to start exploring these three options now, before 2025.
CBS News - 13h
Amazon trucking contractors have higher rates of safety violations, CBS News finds

Contracted truckers hauling packages between Amazon facilities are more likely to engage in dangerous behavior on the roads than other carriers, according to federal data analyzed by CBS News.
CBS News - 1d
Native American students miss school at higher rates, it got worse during pandemic

Years after COVID-19 disrupted American schools, nearly every state is still struggling with attendance
ABC News - 18h
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation

Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.
CNBC - 5h

Banks hit credit card users with higher rates in response to regulation that may never arrive

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Related

Banks hit credit card users with higher rates in response to regulation that may never arrive

Will credit card interest rates fall this December?

What credit card debt relief options work best with bad credit?

3 reasons to consider credit card debt forgiveness this December

How can I avoid paying interest on my credit card?

3 ways seniors can lower their credit card debt in 2025

Amazon trucking contractors have higher rates of safety violations, CBS News finds

Native American students miss school at higher rates, it got worse during pandemic

Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation

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