President Trump has called for a 10% cap on credit card interest rates. What to know to get a lender's best rates sooner.

The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.

A proposal floated by President Trump to temporarily cap credit card interest rates at 10% has opened debate over how much relief borrowers could actually see.

The president's proposal could help consumers save billions of dollars and pay off debt faster. But financial experts say it could also make it harder for consumers with lower credit scores to get ...

Credit card issuers may choose to continue to lend to borrowers with good or better credit scores if a 10% cap gains traction ...

Your credit card issuer can lower your credit limit at any time, regardless of how well you manage your account. Issuers might cut credit limits to minimize risk in an uncertain economy, as many ...

Accredited Debt Relief reports that higher credit card limits can lead to overspending and increased debt; managing limits ...

Credit card debt is a common challenge, which means (luckily) there are a lot of tools out there for overcoming it.