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Credit Card Interest Rates Spike Postfed - Latest News


Credit card interest rates spike, post-Fed

If you're running up a tab on plastic, this could be a breaking point. Just a little over a week after the Federal Reserve's latest quarter-point interest rate hike — the eighth such incerase in two ... read more

Credit cards spiking interest rates, but cutting fees

ST. LOUIS- Only paying the minimum payment on your credit card? That left-over balance could be costing you more than you know. According to a survey on creditcards online, the interest rates on ... read more

Interest rates now: Who benefits as they drift lower

After the Fed raised rates seven times in 2017 and 2018, it's now signaling a pause for 2019 That has reversed the previous steady climb in interest rates As lower rates filter down to loans and ... read more

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Credit card interest rates are through the roof

NEW YORK (CNNMoney.com) -- Credit card interest rates soared in the second quarter to a nine-year spike, according to the market research company Synovate. The average interest rate on existing cards ... read more


US average mortgage rates fall; 30-year at 4.28 percent

Reflecting dimmer expectations for growth, the Federal Reserve left its key interest rate unchanged Wednesday. The Fed kept the rate — which can influence mortgage loans as well as credit cards, home ... read more

YOUR MONEY-Tap your home equity line of credit before rates spike

“Just remember that the more money you put on that line of credit, the more pain you have coming up,” McBride notes. Borrowers with outstanding credit card debt should consider using their home equity ... read more

The Factors That Affect Your Credit Card’s Interest Rate and How to Tell If Yours Is Too High

Your credit card’s interest rate ... can be to score a lower rate—all it takes is a phone call. It’s not going to work every time, but it works quite often, so it’s worth a shot. For more detail, head ... read more

The Best Low Interest Rate Credit Cards for Holiday Spending

So, here are the best low interest credit cards for both introductory APRs and on-going interest rates for holiday shopping: Introductory 0% APR Citi Simplicity® Card: This credit card offers 21 ... read more

Fed holds line on rates, says no more hikes ahead this year

In its post-meeting statement ... holds its benchmark funds rate in a range of 2.25 percent to 2.5 percent. The rate is used as a key for determining interest on most adjustable-rate consumer debt, ... read more

Americans are using their credit cards more than ever — and some experts think that's a good thing

"We believe it's a positive sign for the economy that more consumers have access to credit and that delinquency rates, while growing, are doing so at a slow pace and remain below levels observed ... read more

YOUR MONEY-Tap your home equity line of credit before rates spike

NEW YORK, Dec. 20 (Reuters) - If you are one of the millions of Americans who took out a home equity line of credit ... outstanding credit card debt should consider using their home equity lines of ... read more

Best Ongoing Low Interest Credit Card Transfers (Not Just 0% Intro. Rates) for Xmas and Early 2017

rates). These cards are definitely worth considering if you have good to excellent credit (720+ credit score). Note: Many experts are expecting an increase in interest rates soon by the Feds, so ... read more



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