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Interest Rate Cut: It won't help much with your credit card debt. So, here are your options...
Look at transferring your balance to a low or zero-percent card or consolidating your debt in a personal loan.
Interest rates were cut by a small amount, and your credit card's APR may go down even less. Here's how to save real money on ...
This week’s cut in the Federal Reserve’s key interest rate makes it a good time for consumers to think about how to take advantage of the first tick down in interest rates since 2020. For those ...
New legislation pointed at capping credit card interest rates at 10% will erase card rewards for most consumers, financial experts told the Washington Examiner. Sens. Bernie Sanders (I-VT) and Josh ...
Americans collectively have $1.277 trillion in credit card debt, according to the latest consumer debt data from the Federal Reserve Bank of New York. This is a significant clampdown on current ...
If you have credit cards, a savings account, a car loan or a home loan, you’re likely affected by recent cuts on short-term ...
On Wednesday, the Federal Reserve announced its second consecutive interest rate cut, bringing the benchmark interest rate to the lowest it's been in three years.
Interest rates on credit cards have been unusually high for a while and have become an occasional target of politicians. In 2020, during Kamala Harris' first presidential campaign, she proposed ...
The Fed left rates unchanged, so cardholders shouldn't expect to see a difference in APRs. Even so, people should continue paying their credit cards as usual. Consumers should keep an eye on future ...
Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...
Holly Johnson is a credit card expert and writer who covers rewards and loyalty programs, budgeting, and all things personal finance. In addition to writing for publications like Bankrate, CreditCards ...
NEW YORK — Americans would save roughly $100 billion a year in interest costs if President Donald Trump‘s campaign proposal to cap credit card interest rates at 10% were implemented, according to a ...
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