Articles tagged in interest rates

09.15.11

2011 Credit Card Trends

Erik Chang

It has been nearly 2 years since the Credit CARD Act was passed and for the most part, things have changed for the better. While there were some dramatic changes in interest rates right before the CARD Act took effect, BillShrink looked at 11 of the major card issuers and found that interest rates have actually stabilized in 2011. Here

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08.22.11

How to Manage Student Loans

Alex Gutow

Americans owe approximately $826.5 billion in credit card debt and owe a staggering $829.79 billion in student loans. This comes at no surprise when the average four-year degree from a public university or college costs about $50,000 for four years (before living expenses) and a private school can cost over three times that! To pay for this, most students are

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03.24.10

Savings and Credit, an Interest Rate Round-up

anastasia

A report from the latest Federal Open Market Committee meeting notes that, “The Committee will maintain the target range for the federal funds rate at 0 to 1/4 percent and continues to anticipate that economic conditions… are likely to warrant exceptionally low levels of the federal funds rate for an extended period.” In other words, speculation surrounding the raising of

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03.15.10

Savings and Credit, an Interest Rate Round-up

anastasia

On Tuesday, the Federal Open Market Committee will meet to discuss the outlook of the benchmark interest rate in the coming months. Any dissent among the ten members to Chairman Ben Bernanke’s statements that rates “will remain low”, may change the Fed’s policy going forward. Stay tuned here for updates on the meeting’s progress. See this week’s interest rates from

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03.10.10

Savings and Credit, an Interest Rate Round-up

anastasia

Below is a round-up of this week’s interest rates from the Federal Reserve.

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03.03.10

Savings and Credit, Interest Rate Round-up

anastasia

Below is a round-up of this week’s interest rates from the Federal Reserve.

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02.24.10

Savings and Credit, Interest Rate Round-up

anastasia

Do you ever wonder how your interest rate is calculated when you apply for a loan? To better understand how borrowing on loans and credit cards works, it is best to know how to factor interest rates into the equation.

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