The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.

We like that applying for business loans won’t affect your credit score, and you could get funding within as little as one to two business days of approval. As for the cost ...

The bipartisan Credit Card Competition Act, reintroduced earlier this month, is supported by the restaurant industry but ...

U.S. Sen. Dick Durbin has reintroduced the Credit Card Competition Act. The act looks to create a more competitive climate for credit card networks, and cut down on the supermajority companies Visa ...

Democratic Sens. John Fetterman (Pa.), Cory Booker (N.J.) and Tammy Baldwin (Wis.) introduced legislation Thursday to cap credit card late fees at $8. Their proposal, the Credit Card Fairness Act, ...

Every time you use your card, the credit card company adds a swipe fee of 2% to 4%. The Legislature should protect consumers and local merchants. Getty Images As lawmakers in Topeka explore ways to ...

BOSTON — As customers continue to turn away from using cash, businesses say credit card fees are hampering their margins. A bill to allow businesses to charge customers paying with cards for those ...

Visa and Mastercard could face mixed short-term effects as reduced credit availability might curb transactions but lower rates could boost consumer spending volumes. Follow 24/7 Wall St. on Google By ...

The president revived a campaign promise he has not actively pursued since taking office. By Stacy Cowley President Trump on Friday called for a one-year cap limiting credit card interest rates to 10 ...

Add Yahoo as a preferred source to see more of our stories on Google. As customers continue to turn away from using cash, businesses say credit card fees are hampering their margins. On Wednesday, a ...

As customers continue to turn away from using cash, businesses say credit card fees are hampering their margins. Last week, a bill to allow businesses to charge customers for those fees was advanced ...