interest rates

Credit card companies know there’s no free lunch, but they’re letting more customers get a taste as an enticement by gouging their existing card members. The NY Post reports: The average credit card interest rate for people with fair credit has hit a shocking 21 percent, up more than 2 percent from only a year […]

WASHINGTON (AP) — Student loan rates will double today — at least for a while — after a compromise to keep student loan interest rates low proved unwinnable before the July 1 deadline, senators said Thursday. Sen. Tom Harkin, the chairman of the Senate education panel, said none of the proposals being circulating among lawmakers […]