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.

May 7, 2025 6

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.
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