Most issuers charge a rate above the prime rate because credit card borrowers are less creditworthy than prime business ...
Some consumers might not see any reduction in rates on credit cards because they're dealing with penalty rates that won't ...
While one rate cut is a good start, consumers won't feel much of a difference on their credit card debt unless there are ...
Federal Reserve rate cuts will make your credit card interest rates go down. But they might not make much difference for your ...
One of the biggest advantages of money market accounts is the chance to earn more interest. Elliot J. Pepper, certified ...
Bad credit simply means there is information on your consumer credit report that indicates a history of problems repaying ...
the prime rate will be around 7.75 to 8 percent. Credit card issuers often have what’s called a “variable” APR, for example, 19.99% to 29.99%. Depending on your creditworthiness, your ...
The Federal Reserve cut its federal funds rate today. Here’s how this change can ripple through the economy and influence ...
Not all debt is created equal, though, and the effects of the Fed's rate cut won't trickle down evenly across all types of ...
A complete guide on what is a good APR for a credit card, how it affects your credit balance and how to evaluate and qualify ...
Historically, stock investors have been big winners when the Fed slashes rates. Robert Johnson, finance professor at the ...