Learn about legal interest rates and their limits, how different states enforce laws, and what excessive rates—usury—mean for borrowers and lenders.

An accrual rate is the interest percentage added to the principal of a financial product between payments. Learn how it applies to bonds, mortgages, and vacation time.

Interest can be charged when you borrow money or earned when you save. When you charge something on a credit card or take out ...

If you've been looking at interest-bearing accounts like high-yield savings accounts or certificates of deposit (CDs), you may see the terms "interest rate" and "annual percentage yield" (APY) being ...

It may not have been a surprise, but the interest rate cut the Federal Reserve issued on Wednesday was still a welcome development for millions of Americans. In the first reduction since December 2024 ...

Federal Reserve officials capped their first monetary policy meeting of 2024 by leaving the central bank's benchmark interest rate unchanged, a decision that was widely expected on Wall Street. But ...

Forbes contributors publish independent expert analyses and insights. Catherine Brock covers personal finance and investing. Between March 2020 and July 2023, the Federal Reserve Bank (Fed) raised the ...

The Federal Reserve's recent 0.25% interest rate cut may make it cheaper for consumers to take out large loans. A lower interest rate can reduce the total amount paid on a car loan over its term, ...

High-interest debt has a bad reputation — and rightfully so. Debt that charges high rates is the most expensive for borrowers to carry. And the longer you leave it unpaid, the quicker the costs grow, ...