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You aren't necessarily stuck with your current credit card rates. These simple strategies could help lower them.
The Fed report finds that 60% of credit card accounts carry a balance from one billing period to the next, despite the fact that card interest rates currently average 23%. The report notes that ...
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 ...
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.
Most credit cards have a variable rate, which means there's a direct connection to the Federal Reserve's benchmark. And yet, ...
APR speaks specifically to the cost of borrowing money, whether for a mortgage, a car or a credit card. APR represents a loan’s periodic rate (the interest rate given for a specific period ...
CHICAGO (WLS) -- Here's a quick tip about a tool, which could help tackle high-interest rate credit card debt. According to consumer experts, home equity could help. Credit card interest rates ...
Debt can weigh heavily on one’s finances and peace of mind. Credit card debt especially can spiral out of control with high ...
At the same time, credit card interest rates are "very high," averaging 23% annually in 2023, the New York Fed found, also making credit cards one of the most expensive ways to borrow money.