With average credit card interest rates topping 22%, many consumers have found themselves deeper and deeper in debt.
Farmington Hiills-based GreenPath Financial Wellness sees many consumers who turned to credit cards to make ends meet once prices shot up.
The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.
TurboTax 's free edition lets you report W-2 income, the Child Tax Credit, the Earned Income Tax Credit, deductions for student loan interest and some interest and dividends. According to TurboTax, ...
Patriot Federal Credit Union is offering its members free access to financial education and counseling services through GreenPath Financial Wellness. The program provides Patriot members with ...
President Donald Trump has floated the idea of putting a one-year cap on credit card interest rates at 10%. "They've really abused the public," Trump told reporters aboard Air Force One Monday, ...
Credit card debt can be embarrassing. Interest rates are often sky-high. A maxed-out card might feel like a symbol of poor choices or lax financial discipline. And card debt is especially embarrassing ...
Jan 12 (Reuters) - U.S. banks and financial institutions on Monday pushed back against President Donald Trump's proposed cap on credit card interest rates, citing new data that showed it would ...
Jan 12 (Reuters) - A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, ...
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