Credit

Delinquencies spike with record-high credit card interest rates

Data: St. Louis Federal Reserve; Chart: Axios Visuals

Since 2014, credit card interest rates have risen 4.4 percentage points, representing a 35% increase in costs for consumers, data from NerdWallet shows, despite the fact that U.S. interest rates remain at historical lows.

Context: Though the rate remains historically low, delinquencies are up 22% since 2015.

What to do if you're a Capital One customer whose info was hacked

Capital One's logo displayed on a phone.
Photo: Rafael Henrique/SOPA Images/LightRocket via Getty Images

Approximately 100 million Capital One customers in the U.S. and Canada are caught up in a data hack that the bank claims happened in March. If you think you're among them, here are a few steps you can take.

Where to start: The bank says it will notify all affected customers, including 140,000 whose social security numbers were compromised, and offer identify protection services and credit monitoring. Both are worth taking advantage of.