Interest rate

Everything You Need to Know About Rising Interest Rates & Personal Loans

Several more interest rate hikes are expected from the Federal Reserve within the fiscal year, resulting in higher interest rates for new personal loans. If you’re planning to apply for a personal loan soon, you’ll want to read on so you know how to make wise money moves now in preparation for the increase in […]

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How to Pay Down Debt During Periods of High Interest Rates

The US Federal Reserve recently increased its benchmark interest rate by 0.75 percentage points, reaching a range of 2.25-2.5%. This is the second rate rise in a short period, and experts expect more of the same in these challenging economic times.  Consumers have to make various concessions to save money, and one of the most

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