interest rate

Oil prices reached their highest point in five months due to the combination of a weakening dollar, an interest-rate cut in Japan, a strike by French workers and a barge crash that closed off a Texas shipping route.

Japan's central bank has cut its key interest rate to a range of 0% to 0.1%, effectively introducing a zero-interest-rate policy. The unanimous vote came Tuesday after a two-day meeting of the Bank of Japan's nine-member policy board.

If you're having a problem with a business, Consumer Ally can help. Write us at HelpMe@WalletPop.com. Q . I have a car loan with Capital One Auto Finance and when I signed the contract it said that the monthly note will be $349 per month. The beginning loan balance is $16,684 with an interest rate...

Home sales are way down, unemployment is still high, and investors are waiting for the Federal Reserve to take action. Passions run high about what the Fed should do next, but its ability to move the needle on GDP growth or unemployment may be more limited than most assume.

Over the past couple of years, lenders have tightened their purse strings, making it harder for even the most creditworthy consumers to land a loan the traditional way. But as the banks' wallets closed, other ones have opened: Peer-to-peer lending sites like Lending Club and Prosper have provided a...

A new report by the Center for Responsible Lending shows that issuers have created or expanded at least eight hidden charges to replace the income they anticipate losing because of newly enacted laws and Federal Reserve rules intended to stop credit card abuses.

When Congress passed the credit card reform act known as CARD many people breathed a sigh of relief, hoping that accountability and responsibility would soon be coming to the credit card industry. Unfortunately, instead of bringing sunshine and rainbows to the credit card industry, the CARD act...

A California woman who made a widely publicized YouTube video calling for a "Debtors Revolt" -- announcing she wouldn't be paying her credit card bills because her interest rates skyrocketed -- has a new video proclaiming a personal victory. Ann Minch, whose first video posted two weeks ago was...

As Ben Bernanke makes what could be his final report to Congress this week, his focus, ironically enough, is on exit strategy. The Federal Reserve Chairman's recent piece in The Wall Street Journal, like today's report, notes that the economy has not yet turned around, but the Fed is already...

How much interest are you earning on your savings account? Checking? Now when was the last time you checked that amount? You may be surprised to find out just how low you're "High Yield" online savings account's rate has slipped over the past year. Since banks aren't required to inform you of every...