Automatic Website Traffic RSS

4 low-cost ways to consolidate debt while rates are high

For example, if you can get a credit card with a 0% interest rate for a year, you can use it to pay off your existing credit card balances and then make interest-free payments for the next 12 months. read more

What Current Interest Rate Trends Mean For You - CNBC

Rising interest rates present both opportunities ... A debt consolidation loan can help you bundle ... For anyone who became an adult during the 21st century, today's interest rates are the ... read more

Understanding Debt Consolidation: What It Is and How It Works

Debt consolidation loans may help you access lower rates than you're currently paying, particularly if you're dealing with high-interest credit cards or loans. read more

Household Debt Surges at Fastest Pace Since 2007

Americans are carrying a record $16.9 trillion worth of household debt at a time when rising interest rates are making it more expensive to borrow money. Here's what you should know about managing ... read more

How to Consolidate Credit Card Debt - NerdWallet

Credit card consolidation loans, also called debt consolidation loans, are fixed-rate loans that come in a lump-sum, ranging from $1,000 to $50,000, with terms up to seven years. read more

Brazil faces record public debt risks as government calls for ... - MSN

Brazil’s government has flagged rising risks tied to public debt renegotiation, with a record level projected for 2025 as a larger portion of debt remains exposed to short-term interest rates. read more

Comprehensive Guide to Consolidating Your Debt - The Wall Street Journal

Debt consolidation is a repayment strategy for dealing with multiple, often high-interest, debts. It involves paying off your various debts with one new loan, resulting in a single monthly payment. read more

High-Interest Debt: How to Manage and Pay It Off Quickly - Business Insider

What qualifies as high-interest debt can be defined in two ways: debt with interest rates above 10-15%, such as credit card debt and payday loans, or any debt that carries a higher rate than a ... read more

Runaway National Debt Could Push Interest Rates Higher: Fed ... - Benzinga

Rising Debt: Rates Face Upward Pressure Government debt is rising fast and while demand for U.S. Treasury bonds once kept rates low, surging supply may now push them higher, Schmid warned. read more

Homeowners Tap Into Their Rising Home Equity - The New York Times

The interest rate on the line of credit is variable, so it can go up or down as interest rates fluctuate. Typically, funds are borrowed during a “draw” period, often 10 years, during which ... read more