Warning as typical credit card borrowing rate reaches 20-year high - Average APR for credit card purchases hit 35.8 per cent ...

Nearly half of American households have credit card debt and pay more than 20% in interest on their revolving balances. Even when the Federal Reserve cuts rates, those high APRs don't fall much.

Borrowers are being urged to ‘tackle their debts faster’ as the cost of borrowing on credit cards hits a 20-year high.

Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...

Amid higher prices, more than one-third of holiday shoppers racked up debt this season, averaging $1,223, according to a recent survey. Although consumers are increasingly worried about their ...

According to a recent Bankrate survey, 46% of respondents said they carry a credit card balance from month to month. NPR's Life Kit debunks some common myths and gives advice about credit card debt.