Nearly half of American households have credit card debt and pay more than 20% in interest on their revolving balances. Even when the Federal Reserve cuts rates, those high APRs don't fall much.

Although the Federal Reserve hasn't changed its benchmark since December, the average credit card interest rate keeps inching higher. In part, card issuers are trying to protect themselves from ...

See how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard The Federal Reserve is expected to lower its benchmark ...