As a credit cardholder, it's likely that you've come across the term "annual percentage rate." Even if you have a rough idea of how APR works and what it is, you may still have questions about how it ...

All credit cards come with more than a few moving parts. Among them is an annual percentage rate, or APR — the cost of borrowing money using the card. However, the tricky thing with credit cards is ...

A higher APR results in higher interest charges when you carry a balance. This increases the borrowing cost of using your ...

APR is deliberately confusing and compounds daily. Read disclosure boxes, use 0% offers strategically, and make multiple monthly payments to minimize interest costs. When you see "18.99% APR" ...

What 0% APR means is that you can make purchases and pay no interest for a period of nine, 12, or even 15 months after opening a business credit card. This means you don't need to pay the balance in ...

A friend of mine almost didn't do a balance transfer because of the $300 fee. He was nervous about paying that much up front -- totally fair. But once he ran the numbers and saw he'd save over $1,400 ...

Minimum payments barely chip away at your balance and allow interest to pile up. Neglecting ways to reduce your interest, like 0% APR periods, hardship programs or rate negotiations, can be costly.

Over 50% of Americans between ages 30 and 60 carry a credit card balance from month to month, according to Federal Reserve data. That's troubling -- because those balances aren't just lingering, ...