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It's worth reaching a credit score of 750 or higher if you're trying to get the best rates on credit cards and other loans. That's an above-average credit score, which tells lenders you'll likely ...
Key credit card interest rate insights. Highest average credit card interest rate in 2024: 20.79 percent (Aug. 24, 2024) Lowest average credit card interest rate in 2024: 20.27 percent (Dec. 31, 2024)
It follows that credit card rates spiked along with the Fed’s string of 11 rate hikes starting in March 2022. The average annual percentage rate rose from 16.34% at that time to more than 20% ...
Struggling with your credit card balance? Relief may be in sight in the new year. Read on to see why.
America's growing debt burden. America's credit card debt has soared more than 40% since the height of Covid-19 in mid-2021—surpassing $1 trillion for the first time ever. A significant chunk of ...
A new Bankrate study shows that retail cards come with sky-high interest rates compared to other credit cards. The average retail credit card interest rate is now at a record high of 30.45 percent.
The average credit card interest rate stands at 20.35%, just slightly below a record-high of 20.79% attained in August before the Fed began cutting rates, Bankrate data showed. Credit card ...
A new study from Bankrate, which surveyed the interest rates of 108 store cards from leading retailers in early September, found they have reached a record high since Bankrate started tracking ...
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