Coming Fed Rate Hikes Mean One Thing: Pay Pay Off That Credit Card Debt Now
The Federal Reserve just gave consumers with revolving credit card balances their top New Year's resolution: Dump that debt ASAP. But don't panic: Any rate jumps will probably be small and phased in over time, said Mark Hamrick, senior economic analyst for Bankrate. Here are some answers to questions you may have about interest rates in 2022 from experts at…
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