The average rates on offer for CDs with terms between one and four years ranged between 3.80% and 4.15% on Schwab.com on Wednesday. Your debtsWhether you’re carrying or seeking so-called “good debt” like a mortgage or “bad debt” like a credit card, there are ways to reduce your interest burden. 5. Credit cards: The average credit card APR – at 19.58% per Bankrate as of Wednesday – may be below the all-time record high of 20.79% hit in August 2024. And credit card rates aren’t likely to budge much for now, according to Matt Schulz, chief consumer finance analyst at LendingTree, in an email to CNN. Those buying used cars borrowed a little over $29,000 at an average rate of 10.9%.

Source: CNN March 18, 2026 20:31 UTC