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.
Category: Credit Unions
-
Comparing Savings Accounts and CDs Before the Fed Looks at a Possible Rate Cut
To ensure that your cash is getting the best return, compare the options among high-yield savings accounts and C.D.s.
-
Looking for a Lower Credit Card Interest Rate? Good Luck.
Comparison sites often emphasize the big banks’ offerings even though smaller banks and credit unions typically charge significantly less.
-
Consumer Bureau Proposes Overdraft Fee Limits for Large Banks
The options would include charging a benchmark fee, set by the bureau, that would be significantly lower than the current $35 standard.