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According to the Consumer Financial Protection Bureau (CFPB), the average credit card APR has nearly doubled over the past decade, climbing from 12.9% in 2013 to 22.8% in 2023.
The average credit card interest rate in the United States is 22.76% on existing credit card accounts, according to the latest data from the Federal Reserve. With the average American household ...
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)
Credit cards can be a useful tool in your personal finance arsenal. These cards can help you build credit, cover costs in an emergency situation, or just earn you points toward travel and cash ...
In general, a good credit card APR is any APR that falls at or below the national average. The best low-interest credit cards on the market offer rates as low as 17.24 percent.
Retail credit card interest rates have reached an all-time record, according to new data from Bankrate.. The average APR for retail credit cards is 30.45% this year, which is up from 28.93% a year ...
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