The Federal Reserve cut the key interest rate by a quarter point. This marks the 7th cut this year by the central bank. The question of course is what does this mean for you?
Credit Cards: Now is a good time to ask your credit card company for lower rates or simply shop for better ones.
Auto Loans: The loans have certainly been coming down lately but beware of extending that loan to far lest you pay out oodles of interest.
Student Loans: If you have a variable rate on your student loan, you might see a drop in your interest rate. Take advantage of this opportunity.
Refinancing: With the Avg 30 yr fixed rate mortgage at 6 % now would be an opportune time to lock it in.
Showing posts with label credit cards. Show all posts
Showing posts with label credit cards. Show all posts
Thursday, May 01, 2008
Wednesday, March 14, 2007
Credit Cards: What You Need to Know!
Yahoo has a great article on how to stay clear of Credit Card fees and late payments. It's a must read for any credit card user. Furthermore the article does not mention that you can get a free credit report by clicking here at no cost and no credit card is required.
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