The Fed’s Rate Cut and Your Credit Card

Are you wondering how the Feds interest rate cut will help you get out of debt, check out the articles below to gain some insight.

Rate cut and your credit card
AZCentral.com - NEW YORK - Credit card debt will soon get a bit easier to handle - a very little bit - now that the Federal Reserve has lowered the benchmark interest rate by a half-percentage-point. It’s not going to save the average card holder much money

Chat transcript with Roy Komack
Boston Globe - BAMDAD I had a chance to roll about $9,000 in high interest credit card debt into one that offered 0% for 11 months and then only about 9.9% curently. I have excellent credit, but someone said if I closed the other two accounts that I switched, it