Uncategories Here's How Much a Fed Rate Hike Would Affect Credit Card Debt Over Time

Here's How Much a Fed Rate Hike Would Affect Credit Card Debt Over Time

9:44:00 PM

The Federal Reserve is meeting today to decide whether or not it will finally raise rates. If it does, it could directly affect short-term loan rates: namely, your credit cards. But as NerdWallet points out, the difference isn’t going to be monumental.

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