Why Are Credit Card Interest Rates Still So High Right Now
Sort by
Date
-
4 reasons to pursue credit card debt forgiveness this December
There are multiple reasons why you may want to pursue credit card debt forgiveness now. Here are four to know.CBS News - Dec. 9 -
How fast will the ECB lower interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - Dec. 8 -
US airlines attempt crackdown on air rage incidents – but why are they so common?
Experts claim cramped cabin conditions create ‘perfect storm’ of stressors that lead to mid-flight meltdowns. Was it the too-big carry-on bag? Or perhaps a rise in passenger intoxication? Or the ...The Guardian - Dec. 7 -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - Dec. 7 -
U.S. consumer credit jumps in October as credit cards drive purchases
Total U.S. consumer credit surged in October, rising by $19.2 billion — the fastest pace since July.MarketWatch - Dec. 6 -
7 reasons to consolidate your credit card debt this holiday season
If you're trying to get rid of high-rate credit card debt, consolidation could be a smart move right now.CBS News - Dec. 6 -
5 expensive credit card mistakes to avoid during the holidays
It's easy for credit card debt to become problematic during the holidays, but avoiding these big mistakes may help.CBS News - Dec. 6 -
Why Luis Robert should be a top trade candidate: White Sox center fielder still has huge upside for right team
With few true center fielders available on the free market, Robert could be the best optionCBS Sports - Dec. 6 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - Dec. 6 -
Canada's jobless rate jumps to near 8-year high of 6.8% in November
Yahoo News - Dec. 6 -
5 ways to use your credit cards more responsibly in 2025
These simple strategies can help you keep your credit card bills in check — and your finances in order.CBS News - Dec. 5 -
HELOC interest rates fall to new 2024 low: Why you shouldn't wait to apply
With HELOC rates dropping to a 2024 low, it may not make sense for borrowers to wait longer to apply. Here's why.CBS News - Dec. 5 -
Can I still use my credit card after debt consolidation?
You may be able to use your credit cards after consolidating, but that isn't always the best financial move.CBS News - Dec. 5 -
4 mortgage interest rate scenarios that could occur in 2025
Many experts predict a gradual decline in mortgage rates next year, but other scenarios could play out.CBS News - Dec. 5 -
Black Friday showed consumers are still eager to spend — at the right price
Retailers again saw sales hit new heights from Thanksgiving to Cyber Monday, even as shoppers remain cautious about where and when to spend this holiday season.NBC News - Dec. 5 -
American Airlines chooses Citi as sole credit card partner, drops Barclays
American Airlines had been in talks for months for a new credit card deal with Citi.CNBC - Dec. 5 -
Trump’s Cabinet choices are disastrous. Why are so many Democrats in Congress quiet?
Trump's Cabinet picks are uniquely dangerous for the country — and many Democrats are acting like everything's normal.NBC News - Dec. 5 -
How does the new Club World Cup work & why is it so controversial?
Everything you need to know about the revamped Club World Cup set to take place in summer 2025.BBC News - Dec. 5 -
3 credit card debt relief strategies to consider for 2025
If you want to break the credit card debt cycle in the new year, these strategies could come in handy.CBS News - Dec. 4 -
Why Rules On Data Scammers and Credit Card Fees May Be the Consumer Financial Protection Bureau’s Swansong
The CFPB is meant to act in the best interest of the American consumer, but powerful corporate opposition and the ire of Elon Musk may mean a dicey future for the agency.Inc. - Dec. 4 -
How to keep your credit card debt low during the holidays
Swiping that plastic can be tempting when shopping over the holidays. Here's how to avoid it.CBS News - Dec. 4 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
Why has this happened now?
Yoon Suk Yeol's move was spurred not by external threats but by his own desperate political troubles.BBC News - Dec. 4 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - Dec. 3 -
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 - Dec. 3 -
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 - Dec. 3 -
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 - Dec. 3 -
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 - Dec. 3 -
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 ...NBC News - Dec. 3 -
Inefficient and reckless: Why DOGE could be so dangerous
The idea that slashing federal agencies is a magic bullet for achieving good governance is as wrong-headed as it is simplistic.The Hill - Dec. 3 -
What's the home equity loan interest rate forecast for December 2024?
Will December be a good time to borrow from your home equity? Here's where rates could head this month.CBS News - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
Why the Syrian civil war is reigniting now
Syria's army and its allies are reported to have confronted an attack by forces affiliated with the Kurdish Syrian Democratic Forces in the north of the country. This comes after rebel fighters ...CBS News - Dec. 3 -
These are the most in-demand tech jobs hiring right now
According to LinkedIn’s latest report, software engineer, full stack engineer and application developer are in the top 10 roles.VentureBeat - Dec. 3 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
The Jets are the NHL’s hottest team. So why can’t they fill their arena?
Winnipeg got off to a record-setting start to the season. But balancing corporate demands and human passion is a tough task . “From our standpoint, the game has never been healthier,” NHL ...The Guardian - Dec. 2 -
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 - Dec. 2 -
Gold hit record highs this year as real yields climbed. Here’s why the rally is so unusual.
A gold rush by central banks could help lift prices as high as $2,900 by the end of 2025, Wells Fargo Investment Institute said.MarketWatch - Dec. 2 -
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 - Dec. 2 -
What is happening in north-western Syria and why now?
Rebels have captured a swathe of land during their largest offensive against the government in years.BBC News - Dec. 2