Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...
Being saddled with credit card debt is always damaging to your financial health. But in the economic landscape of recent years, it can be even more threatening than usual. With the average credit card ...
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The Fed held interest rates steady, but some credit card APRs keep going up. Here's why
Although the Federal Reserve hasn't changed its benchmark since December, the average credit card interest rate keeps inching higher. In part, card issuers are trying to protect themselves from ...
With over a dozen credit cards and millions of credit card points racked up, Nancy Jiang condenses the complex world of card-churning for maximum rewards with minimum effort. Her work has been ...
Americans paid $120 billion in credit card interest and fees each year between 2018 and 2020, according to the CFPB. (iStock) Credit cards are one of the largest sources of consumer debt, along with ...
A low-interest credit card can be a valuable tool to help you save money if you sometimes carry a balance. Many cards come with introductory interest-free periods of at least a year, which could help ...
The last time the Federal Reserve cut the federal funds rate was on Sept. 17 when the benchmark rate was reduced by a quarter point. The Fed cut rates three times in 2024. The average 30-year fixed ...
Stream NBC 5 for free, 24/7, wherever you are. Even with the Federal Reserve on the sidelines, credit card rates are edging higher. In June, credit card interest rates rose for the third straight ...
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