Key Takeaways
An average of 22-25 million Americans in 2025 hold a personal loan, with the average personal loan balance of $11,631, making it a common…
Key Takeaways
The average payday loan interest rate in 2025 is 391%
A typical two-week payday loan charging $15 per $100 has an annual percentage rate (APR)…
Key Takeaways
In August 2025, the average U.S. credit card APR on new purchases was 23.99%, with most between 20% and 24%.
The Federal Reserve reported an…
