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Credit card debt forgiveness and Fed rate cuts: What borrowers should consider this fall

Interest rate cuts are looming again. After the Federal Reserve resumed the rate-cut campaign it started in 2024 in September, other cuts now seem likely for the central bank's next meetings in ...
CNBC

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

Credit card APRs edged lower after the Federal Reserve cut interest rates by a half point, but not by much. Even with more rate cuts expected to come, consumers carrying a balance on their credit ...
Forbes

This Week In Credit Card News: Retailers Raised Their Card’s Interest Rates Before Fed Cuts

Dozens of the largest U.S. retailers and their bank partners jacked up interest rates on their store-branded cards to record highs in the months before the Federal Reserve began cutting rates, as the ...
WPBF

Consumer Reports: Make the most of interest rate cuts

IF YOU HAVE CREDIT CARDS, LOANS AND A SAVINGS ACCOUNT, THE RECENT CUT BY THE FEDERAL RESERVE ON SHORT TERM INTEREST RATES LIKELY IMPACTS YOU. CONSUMER REPORTS BREAKS DOWN THE CHANGES YOU MIGHT SEE ON ...