All articles tagged: “Interest”

(5 total)

Blog

238 views

3 min read

A Bipartisan Push Toward Credit Card Rate Caps Could Have Negative Impacts on Credit Access

A Credit Card Rate Cap Could Hurt Consumers

It was more than a marriage of convenience last week when Senators Bernie Sanders (I-VT) and Josh Hawley (R-MO) teamed up to push back against... read more »

By: Mike Senecal • 2/12/25

Guide

11,788 views

9 min read

What is a Variable Interest Rate? How Adjustable Rates Work for Loans and Credit Cards

How Variable Interest Rates Work on Loans and Credit Cards

I’ve heard people say that change is one thing you can count on. Anyone who’s taken more than a few trips around the sun can attest to the... read more »

By: Andrew Allen • 12/19/24

Guide

18,889 views

7 min read

What is the Prime Rate? How it Impacts the Interest You Pay on Loans and Credit Cards

What is the Prime Rate? How it Impacts Loans and Credit Card Interest

Many food connoisseurs have long esteemed prime rib as one of the most prized cuts of beef. That must be why hearing the words “prime rate” has... read more »

By: Andrew Allen • 12/5/24

Guide

34,048 views

7 min read

What is an Interest Rate? How Your Credit Rating Can Determine the Cost of Financing

How Interest Rates Work in Loans and Credit Cards

When you hear the term “interest rate,” does your brain start to spin with numbers and jargon? Borrowing money from a lender is hardly ever free.... read more »

By: Choncé Maddox • 11/19/24

Guide

31,872 views

9 min read

What is Interest? How the Borrowing Fee Affects Your Loan and Credit Card Payments

How Interest Works and Affects Borrowing Costs

If ever there was a poster child for love-hate relationships, it’s got to be interest. It makes savers grin from ear to ear, but borrowers feel... read more »

By: Eric Bank • 10/15/24