Credit card lenders add a margin to the prime rate to arrive at your card’s variable APR. The prime rate impacts the cost of credit on consumer loans, including credit card accounts, with the rates on ...

With over a dozen credit cards and millions of credit card points racked up, Nancy Jiang condenses the complex world of card-churning for maximum rewards with minimum effort. Her work has been ...

Borrowing from your 401(k) might sound appealing when you need quick cash. After all, the typical 401(k) loan interest rate is low — usually the prime rate plus 1%, and you’re essentially paying ...

The interest rates on these loans are usually at the prime rate or higher. Subprime loans include nontraditional products with terms allowing borrowers to pay interest only or offering adjustable ...

Personal loans can be a smart alternative to credit cards, often offering lower interest rates and a chance to build or strengthen your credit. Your own bank or credit union may have competitive ...