As inflation and interest rates remain a concern, the cost of carrying credit card debt continues to weigh on household budgets. With average APRs still hovering around 22%, even small balances can ...
Last month, the Federal Reserve cut the federal funds rate by half a percentage point. It's also expected to cut rates again in November. That's welcome news for anyone who's house hunting and ...
Total consumer debt swelled to $17.5 trillion in Q4, a $212 billion jump from the previous quarter. Delinquencies are rising among younger borrowers in particular, the New York Fed said. Younger ...
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Credit card debt forgiveness and Fed rate cuts: What borrowers should consider this fall
Interest rate cuts are looming again. After the Federal Reserve resumed the rate-cut campaign it started in 2024 in September, other cuts now seem likely for the central bank's next meetings in ...
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