A credit card’s interest rate is called its APR, or annual percentage rate. Different rates may be applied to various types ...

APR reflects the total annual cost of a personal loan, including both fees and interest. Many lenders state their APR online to make it easier to compare before you apply. Your APR will be based ...

Learn the key difference between APR and APY, including how each affects loans, investments, and interest calculations.

A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...

Average APRs have inched down slightly, but you should focus on lowering your credit card balance as soon as you can.

A 0% intro APR credit card can be a useful way to pay for large purchases or consolidate high-interest credit card debt, acting like a no-interest short-term loan if used responsibly. And it ...

Knowing the purchase APR of each card you hold can help you make smart financial decisions by understanding the full cost of each transaction. When you borrow money — whether you’re making a ...

Balance transfer credit cards, especially those offering extended introductory periods with 0% APR, can be a lifeline for those grappling with high-interest debt. A 0% APR period offers a chance to ...

The APR assigned when opening a credit card is determined by an applicant’s credit score or credit report and by the U.S. Prime Rate. The Prime Rate is a figure used by major financial ...