Paying off your credit card debt is a good solution for the new year
Carrying a balance has always been expensive, but it’s especially expensive now. The average credit card interest rate in mid-December was 19.42%, the highest rate since 1992. As the Federal Reserve continues to raise short-term interest rates to stifle inflation, average rates could rise even higher, says Ted Rossman, Credit Card Analyzer’s Bankrate.comwhich tracks interest … Read more