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Indebta > Finance > The Fed pause is no pause for your credit card debt worries
Finance

The Fed pause is no pause for your credit card debt worries

News Room
Last updated: 2023/06/14 at 6:01 PM
By News Room
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The Federal Reserve’s decision to pause raising its benchmark interest rate is no pause for the anxiety of Americans eyeing ballooning credit-card bills.

While it may halt the rise of many credit-card rates for now, the rates for some cards might still rise as some issuers pass on the previous Fed rate hikes, credit-card industry watchers say.

“The…

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News Room June 14, 2023 June 14, 2023
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