Perhaps U.S. policymakers can look to Canada and the U.K. for ideas on how to limit banks.

Susan Cannon, 73, owes nearly $40,000 across 19 credit cards. High interest rates are preventing her from retiring.

Credit card debt in America is at an all-time high, hitting $2.21 trillion in the second quarter of 2025, according to the Federal Reserve. By July, the average American owed $6,492 on credit cards.

Farmington Hiills-based GreenPath Financial Wellness sees many consumers who turned to credit cards to make ends meet once prices shot up.

Discover how your credit card bill compares to the U.S. average and learn ways to manage debt, lower interest costs, and take control of your spending.

Read full article: Dollars & Sense: Payday loans equal fast cash, but a familiar trap The country’s record high reliance on credit cards underscores how inflation and sluggish wage growth continue to ...

Paying down debt is the #1 top financial goal for Americans in 2026. But what that looks like varies widely from family to family. For some, the biggest pain point is high-interest credit cards. For ...

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.

Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 25.35%. The ...

Intro APR offer: The Wells Fargo Reflect Card offers a 0% intro APR for 21 months from account opening on purchases and ...