Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed
- Posted on May 7, 2025
- By CNBC
- 1 Views
Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed
Retail cards hit a record high average interest rate of 30.5% last year, and rates have stayed close to those levels this year.
