A penalty APR is applied to a credit card when a payment is missed or returned. Find out how the penalty APR works and how to avoid paying it. Learn more.

Penalty APRs can make it difficult to pay off your credit card debt. Select reviews what a penalty APR is, how to avoid it and credit cards that have no penalty APRs.

Iowa Gov. Kim Reynolds signed a bill establishing penalties for gift card theft. Penalties vary based on the value of stolen gift cards, ranging from fines to prison sentences.

Credit card payments work through a system where the cardholder authorizes a transaction, and the issuing bank transfers ...

Gov. Ron DeSantis has signed SB 1198, which would define gift card fraud in Florida Statutes and establish it as a ...