US credit card interest rates surge to record-breaking highs of 23.4% in August

Credit card debt interest rates have significantly risen in the last four years. The U.S. credit card rates have now surged to an all-time high of 23.4%, and the total credit card debt also staged a record number by surpassing the trillion dollar mark. source: https://www.cryptopolitan.com/us-credit-card-interest-rates-surge/