When Will Credit Card Interest Rates Drop Below 20
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The Fed cut rates again — but don’t expect your credit-card APR to get much lower anytime soon. Here’s why.
Interest-rate cuts are supposed to lower borrowing costs, but that’s not necessarily happening for credit-card users.MarketWatch - 1d -
Will credit card rates climb in 2025? Experts weigh in
Credit card rates could fall, but the amount card rates could drop by may surprise you. Here's why.CBS News - 2d -
Stocks drop sharply after Fed cuts interest rates and signals more cautious approach next year
The DOW dropped more than a thousand points despite a cut in interest rates today. Markets reacted to Fed Chair Jerome Powell indicating a slower pace of cuts than previously expected next year. ...NBC News - 2d -
Despite Fed cuts, many store credit cards are still charging customers extreme interest rates
Many credit cards offered by major retailers continue to charge exorbitant annual percentage rates (APRs), despite moves by the Federal Reserve to lower interest rates in the economy.NBC News - 2d -
How Fed Rates Influence Mortgages, Credit Cards, Savings and More
Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.The New York Times - 3d -
Bracing for a Fed Pullback on Interest Rates
Wall Street sees the central bank cutting interest rates on Wednesday. But growing worries about inflation are adding to investor uncertainty about its policy agenda for 2025.The New York Times - 3d -
Mortgage demand drops for the first time in 5 weeks, after interest rates rise
Total application volume fell 0.7% compared with the previous week, according to the MBA's seasonally adjusted index. That was the first decline in five weeks.CNBC - 3d -
Confidence in U.S. Courts Plummets to Rate Far Below Peer Nations
Very few countries have experienced similar declines, typically in the wake of wrenching turmoil. Experts called the data, from a new Gallup poll, stunning and worrisome.The New York Times - 4d -
How are credit card interest charges compounded?
Understanding how credit card interest charges compound is an important part of avoiding serious debt issues.CBS News - 4d -
Moody’s Downgrades France’s Credit Rating
The action, which will put pressure on the nation’s borrowing costs, reflects doubt that a new government can mend the deteriorating financial situation.The New York Times - Dec. 14 -
3 credit card interest rate mistakes that are costing you money now
If you're making these card rate mistakes, you're probably paying too much for your credit card debt.CBS News - Dec. 13 -
How are credit card minimum payments calculated?
Knowing how your credit card minimum payments are calculated can help keep you out of serious financial trouble.CBS News - Dec. 13 -
3 expensive credit card debt forgiveness mistakes to avoid right now
If you're trying to have your credit card debt forgiven, make sure to avoid these big (but common) missteps.CBS News - Dec. 12 -
Trying to settle your credit card debt? Watch these 4 red flags
Knowing the warning signs of illegitimate debt settlement companies can help you avoid scams and save money.CBS News - Dec. 12 -
T-bill rates fall below 4.4% after November CPI solidifies December rate cut
Yields on short-term Treasury bills dropped on Wednesday after November’s consumer-price index cemented expectations for a quarter-point interest-rate cut by the Federal Reserve next week.MarketWatch - Dec. 11 -
5 unnecessary credit card fees to stop paying before 2025
By getting rid of these fees now, before the new year rolls around, you can free up funds for other priorities.CBS News - Dec. 11 -
Mortgage refinance demand surges 27%, as interest rates drop for the third straight week
Mortgage rates fell again last week, and while the drop wasn’t huge, it was enough to spur current homeowners to look for some savings.NBC News - Dec. 11 -
Mortgage refinance demand surges 27%, as interest rates drop for the third straight week
Mortgage rates fell again last week, and while the drop wasn't huge, it was enough to spur current homeowners to look for some savings.CNBC - Dec. 11 -
Will HELOC interest rates continue dropping this December?
HELOC interest rates have been on a decline for much of 2024 but will they continue to drop this month?CBS News - Dec. 10 -
Why some credit card APRs are rising even after the Fed slashed interest rates
Most credit cards have a variable rate with a direct connection to the Federal Reserve’s benchmark.NBC News - Dec. 10 -
What are the fastest ways to get rid of $5,000 in credit card debt?
If you've racked up $5,000 in credit card debt, these strategies can help you tackle it faster than you'd expect.CBS News - Dec. 10 -
The Fed slashed interest rates, but some credit card APRs aren't going down. Here's why
Although the Federal Reserve started slashing interest rates in September, the average retail card rate has only gone up.CNBC - Dec. 9 -
4 reasons to pursue credit card debt forgiveness this December
There are multiple reasons why you may want to pursue credit card debt forgiveness now. Here are four to know.CBS News - Dec. 9 -
Arsenal ratings: Lackluster Gunners drop points
Their set-piece prowess saved a point at Fulham, but Arsenal could only move one point closer to Liverpool.ESPN - Dec. 8 -
Will mortgage rates fall below 6% in 2025? Here’s what experts say.
The incoming Trump administration’s policies could affect mortgage rates in 2025, real-estate economists say.MarketWatch - Dec. 7 -
U.S. consumer credit jumps in October as credit cards drive purchases
Total U.S. consumer credit surged in October, rising by $19.2 billion — the fastest pace since July.MarketWatch - Dec. 6 -
7 reasons to consolidate your credit card debt this holiday season
If you're trying to get rid of high-rate credit card debt, consolidation could be a smart move right now.CBS News - Dec. 6 -
5 expensive credit card mistakes to avoid during the holidays
It's easy for credit card debt to become problematic during the holidays, but avoiding these big mistakes may help.CBS News - Dec. 6 -
5 ways to use your credit cards more responsibly in 2025
These simple strategies can help you keep your credit card bills in check — and your finances in order.CBS News - Dec. 5 -
Can I still use my credit card after debt consolidation?
You may be able to use your credit cards after consolidating, but that isn't always the best financial move.CBS News - Dec. 5 -
American Airlines chooses Citi as sole credit card partner, drops Barclays
American Airlines had been in talks for months for a new credit card deal with Citi.CNBC - Dec. 5 -
3 credit card debt relief strategies to consider for 2025
If you want to break the credit card debt cycle in the new year, these strategies could come in handy.CBS News - Dec. 4 -
How to keep your credit card debt low during the holidays
Swiping that plastic can be tempting when shopping over the holidays. Here's how to avoid it.CBS News - Dec. 4 -
3 ways seniors can lower their credit card debt in 2025
If you're a senior with high-rate credit card debt, it helps to start exploring these three options now, before 2025.CBS News - Dec. 3 -
What credit card debt relief options work best with bad credit?
A damaged credit score can complicate the debt relief process, but you still have plenty of options to consider.CBS News - Dec. 3 -
How can I avoid paying interest on my credit card?
Interest charges can cause your balance to balloon quickly, but these strategies can reduce those extra costs.CBS News - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.CNBC - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe ...NBC News - Dec. 3 -
3 reasons to consider credit card debt forgiveness this December
This month could be an ideal time to settle your credit card debt for less than what you owe. Here's why.CBS News - Dec. 2 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2