Explore the impact of skyrocketing credit card interest rates on U.S. consumers, with 60% of cardholders now carrying monthly balances. Discover how these rates are affecting different demographics and the broader economy, and learn strategies to manage rising debt burdens.

Sources:

https://www.lendingtree.com/credit-cards/study/average-credit-card-interest-rate-in-america/

https://www.nbcphiladelphia.com/news/business/money-report/60-of-americans-carry-a-credit-card-balance-as-interest-rates-top-20-fed-report-finds/4149817/

https://www.bankrate.com/credit-cards/zero-interest/better-interest-rates-smaller-banks/

https://www.businessinsider.com/credit-card-interest-rate-cap-debt-delinquencies-alexandria-ocasio-cortez-2025-4

https://www.cbsnews.com/news/stuck-with-credit-card-debt-in-todays-economy-dont-do-this/

https://www.abfjournal.com/consumer-debt-tariffs-fuel-uncertainty-says-turning-rock-in-market-update/

https://www.altra.org/about-us/rates/visa-credit-card-program-rates/

https://www.kansascityfed.org/research/economic-bulletin/subprime-credit-card-delinquencies-have-fallen/

https://www.nbclosangeles.com/news/business/money-report/60-of-americans-carry-a-credit-card-balance-as-interest-rates-top-20-fed-report-finds/3668510/?os=dio____

https://www.nerdwallet.com/best/credit-cards/low-interest