A proposal floated by President Trump to temporarily cap credit card interest rates at 10% has opened debate over how much relief borrowers could actually see.
The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.
Not sure what to do with your growing credit card balances? Here's why debt relief makes sense this February.
Debt management can help lower costs and streamline payments, but it's important to account for the costs, too.
Stacker on MSN
How to negotiate your credit card debt
Freedom Debt Relief reports that negotiating credit card debt can lead to lower payments, waived fees, or partial forgiveness ...
(CNN) - President Donald Trump is pushing for a 10% cap on credit card rates. It is his latest attempt to quell affordability ...
Americans collectively owe $1.233 trillion in credit card debt, with nearly half of all cardholders carrying balances month ...
The news comes after a November analysis found that Ohioans’ credit-card delinquencies were rising at the fifth-highest rate in the United States.
For many people carrying high-interest debt, debt consolidation is often the first strategy they consider. This may involve a ...
Money Talks News on MSN
American retirees carry $7,484 in credit card debt even though income and expenses are predictable. Here's why that's a problem.
Still paying on your credit card out of habit? Think twice before you do it again.
This article discusses how debit and credit cards work, including their pros and cons. It ends with some helpful tips and ...
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