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Plus, credit cards already have notoriously high interest rates, so any additional increase can just make your unpaid balance balloon even more over time and make it more difficult to pay off.
But why are credit card interest rates so high right now? It has a lot to do with where the economy stands, how the Federal ...
High-interest debt can lead to financial strain and increased stress.
There are multiple ways to reduce a five-figure credit card debt now, experts say. Here are four moves to consider.
Making matters worse is that credit card interest rates are notably high right now. And they may not fall for quite some time for one key reason. It's a matter of stubbornly high inflation You've ...
Canceling a credit card that you don’t use can also impact your credit utilization ratio. When you cancel a card you don’t ...
Unless you're taking advantage of an intro 0% APR offer, if you carry a balance on your credit card, you're likely being hit with high interest charges. The average APR for all credit card ...
High credit card interest rates can make it harder to get out of debt for those carrying a balance on their credit cards from month to month. Credit unions and smaller banks tend to offer lower ...
which could help tackle high-interest rate credit card debt. According to consumer experts, home equity could help. Credit card interest rates average more than 22 percent, but a home equity line ...
It also doesn’t offer a competitive interest rate ... re willing to join a credit union and open a checking account to get a savings account with a debit card, the High-Rate Savings account ...