Why credit card debt forgiveness is worth it even with more Fed rate cuts

Another interest rate cut was just issued. Here's why you should still pursue credit card debt forgiveness anyway.

Why credit card rates remain high, even after interest rate cuts

Credit card interest rates stand near a record high.

How Fed Rates Influence Credit Cards, Loans, Savings and More

Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.

Business - The New York Times - November 7

Will credit card debt forgiveness cover my $3,000 debt?

Stuck with a $3,000 credit card bill? Here's how to get help now.

Does debt consolidation or debt forgiveness make more sense with bad credit?

Finding the right solution to your high-rate credit card debt can be tough if your credit is less than ideal.

Why you should open a CD even as the Fed continues to cut rates

An additional Federal Reserve rate cut is expected to be issued this week. Here's why you should open a CD anyway.

Here's how to qualify for credit card debt forgiveness before 2025

Debt forgiveness could help you save money on what you owe, but you'll need to meet some requirements to enroll.

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.

Business - CNBC - November 1

Have $7,500 in credit card debt? Here's what debt forgiveness could cover.

Getting rid of $7,500 in credit card debt could be easier with the help of a credit card debt relief program.

Have $25,000 in credit card debt? Here's what debt forgiveness could cover.

The right credit card debt forgiveness program could reduce your $25,000 credit card balance significantly.

Have $50,000 in credit card debt? Here's what debt forgiveness could cover.

With a credit card balance that high, the right debt forgiveness program could help you save a substantial amount.

Have $40,000 in credit card debt? Here's what debt forgiveness could cover.

The right debt forgiveness program could lead to hefty savings on a $40,000 debt. Here's how.

Have $35,000 in credit card debt? Here's what debt forgiveness could cover.

If you're facing $35,000 in credit card debt, debt forgiveness could have a big impact on your balance. Here's how.

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Business - The New York Times - November 7

Fed May Cut Rates in Response to Tight Credit Conditions

This week, the central bank will likely announce reduced interest rates as low demand for loans continues.

Business - Inc. - November 6

Credit card debt hits record $1.17 trillion, New York Fed research shows

Credit card balances rose in the third quarter of 2024, the Federal Reserve Bank of New York found.

Business - CNBC - November 13

Why mortgage rates could be heading to 8%, despite a Fed cut

The 30-year rate inched up for the sixth week in a row ahead of an expected interest-rate cut by the Federal Reserve.

Business - MarketWatch - November 8

Why the stock market can count on another Fed rate cut in December

The trend in short-term rates leading up to the U.S. presidential election usually persists.

Business - MarketWatch - November 9

Is it ever OK to ignore credit card debt collectors?

It can be tempting to ignore debt collectors' aggressive tactics, but it's generally not the best approach to take.

Can credit card debt in collections be forgiven?

There are lots of ways to deal with credit card debt that's in collections — but is debt forgiveness one of them?

Will debt collectors sue over a $3,000 credit card debt?

A $3,000 credit card debt may seem minor, but some debt collectors could still aggressively pursue it. Here's why.

How to get rid of credit card debt without ruining your credit

You don't have to sacrifice your credit score to get rid of credit card debt. There are lots of routes to consider.

Will enrolling in a credit card debt management program hurt your credit?

Certain debt relief strategies can have a negative impact on your credit — but is debt management one of them?

Will my credit score drop if I pay a credit card debt collector?

Paying off an old debt could have an impact on your credit score — but not always in the way you'd think.

How long can delinquent credit card debt be collected?

The timeline for collecting late credit card debt may surprise you. Here's how long debt collectors can pursue it.

How to have your credit card debt forgiven this November

Need to have your credit card debt forgiven? There are a few ways to pursue this type of debt relief now.

3 important credit card debt relief moves to make this November

Dealing with credit card debt issues? You may want to take these steps toward debt relief this month.

7 credit card fees that increase the cost of your debt

Interest charges aren't the only things that can cause your credit card debt to balloon. These fees can, too.

Can a 10-year-old credit card debt still be collected?

It's common for debt collectors to pursue old debts, but do you still owe the money? Here's what to know.

Can a 7-year-old credit card debt still be collected?

Credit card debt this old could still be collected on — but only in certain circumstances. Here's what to know.

What happens when a credit card charge-off is sold to a debt collector?

Has your charged-off debt been sold to a debt collector? Here's what you can expect to happen next.

Should I pay credit card debt that has been written off?

Paying off written-off debt may seem counterintuitive, but it can make sense in certain cases. Here's why.

Here's how your credit card debt can become uncollectible

If you're behind on your payments or are curious about your rights regarding old debt, here's what to know.

Credit card debt among retirees jumps — 'It's alarming,' researcher says

There's been a significant increase in the share of retirees with credit card debt since 2022, according to the Employee Benefit Research Institute.

Business - CNBC - November 11

What are the best ways to get rid of credit card debt in retirement?

New research shows that retirees' credit card debt is growing. Here's how you can tackle yours now.

5 surprising credit card debt consolidation benefits to know

Drowning in credit card debt? Consolidation does more than you might think.

3 important things to know if your credit card debt goes to collections

If your credit card debt is delinquent and is now in the hands of a debt collector, here's what to know.

5 ways to tackle your credit card debt before the holidays

These useful tips can help you deal with your lingering debt issues before the holiday season arrives.

The stock market is expecting more interest-rate cuts than the Fed can give

The U.S. central bank doesn’t have much room to combat the next U.S. economic crisis.

Business - MarketWatch - November 9

Latest in Why credit card debt forgiveness is worth it even with more Fed rate cuts

Topics