You may have seen the term “APR” while shopping for auto loans, mortgages or credit cards. It stands for “annual percentage rate” and describes the yearly cost of carrying an unpaid balance in various ...

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

In this quick Financial Literacy Month video, I break down exactly what APR means and how it affects the cost of using your credit cards. Using a simple example of a 17 percent APR on a 1,000 dollar ...

With credit card costs elevated, it's important to know what rates are considered high in today's environment.