local
Credit card interest rates remain near record highs. Here’s a simple hack that could help Houstonians
By Ninfa Saavedra, Bill Spencer at KPRC 2 / Click2Houston (NBC)
· July 13, 2026
· 2 min read
If opening your monthly credit card statement makes you cringe, you’re not alone.Credit card interest rates remain near historic highs, with the average annual percentage rate (APR) sitting at 19.6% — just below the record high of 20.8% reached in 2024.But consumer experts say there’s one simple ...
Key takeaway Credit card interest rates remain near historic highs, with the average annual percentage rate (APR) sitting at 19.
Why this matters in The Piney Point
For Houstonians struggling with credit card debt, the prospect of saving money on interest rates is particularly relevant given the city's high cost of living. With Texans carrying nearly $7,000 in average credit card debt, finding ways to reduce that burden is crucial. The strategy of asking credit card companies to lower interest rates, as recommended by experts like Richard Rosso, could be a valuable tool for many residents. By being polite and persistent, Houstonians may be able to negotiate a lower APR, which could lead to significant savings over time. This tactic is especially important in a city where many people rely on credit cards for everyday expenses, and where the average credit card debt is substantial. By taking a few minutes to make a phone call, Houstonians can take a proactive step towards managing their debt and reducing their financial stress.
About this story
Original reporting by KPRC 2 / Click2Houston (NBC) . The Piney Point surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KPRC 2 / Click2Houston (NBC) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 13, 2026 ·
Source: KPRC 2 / Click2Houston (NBC) ·
Reading time: 2 min
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Frequently asked about this story
What is this story about? If opening your monthly credit card statement makes you cringe, you’re not alone.Credit card interest rates remain near historic highs, with the average annual percentage rate (APR) sitting at 19.6% — just below the record high of 20.8% reached in 2024.But consumer experts say there’s one simple ...
When was this published? This article was first published on July 13, 2026 by KPRC 2 / Click2Houston (NBC) and curated for The Piney Point readers.
Who reported this story? This story was reported by Ninfa Saavedra, Bill Spencer at KPRC 2 / Click2Houston (NBC). To learn more about how The Piney Point selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Piney Point, or browse our daily briefing and topic hubs .
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