Trump proposes a 10% credit card interest cap to stop Americans being “ripped off”. Explained: how it works, potential savings, risks, bank backlash, and whether it truly reduces debt.

You can stop bleeding interest on credit card debt with one of these cards, allowing you to transfer a balance and not pay interest for as long as 24 months.

For example, the Prime Rate is currently 6.75%. There’s nothing preventing a card issuer from tweaking a new customer offer from Prime Rate + 13% up to Prime Rate + 13.25% if it wishes to mitigate the impact of a Fed rate cut and make more money from interest charges.

Credit card debt is a big problem for many Americans, and it gets even worse when you are older. A new survey shows that 52% of people aged 50 to 64 and 42% of those aged 65 to 74 carry credit card debt.

Half of Americans are in some sort of credit card debt. If that’s you and you’d like to change that in the New Year, 5 On Your Side is here to help.

See why the Citi Simplicity Card earned our top balance transfer award for 2026 and how much it can save you when paying off debt.

Taking on too much credit card debt is all too easy, especially for students with lots of expenses and little income. Here's advice on paying it off.

This article originally published at South Texas woman sentenced after stealing $1.2M to cover credit card debt. The Mine debit card earns cash back, has no interest charges or hidden fees, and can help you build credit — but you do have to pay a membership fee.