Federal Reserve Rate Changes and Consumer Interest Rates

July 22, 2009

The most widely publicized way the Federal Reserve controls the money supply is by changing its interest rates. When the Fed announces a change in interest rate, it does not affect your credit card interest rate directly. It refers to the interest rate the Fed charges commercial banks to borrow money from the Federal banks.

Home-Equity Loan Delinquencies and Credit Card Defaults On Rise …

July 10, 2009

Defaults and Late payments on home-equity loans and credit cards are climbing to the highest levels. According the the American Banker’s Association the figures are alarming and disturbing. The worst hit area is home-equity loans.

Credit Losses Rising Anywhere And Everywhere | Daily Markets

July 10, 2009

Remember when policymakers at the Federal Reserve told us in 2007 and 2008 that the credit problems were contained to the subprime mortgage sector? Or when.

How to Make the Most of Your Credit Card Rewards

July 10, 2009

The best way to make the most of your credit card rewards is by simply taking advantage of them. Credit card companies are amazed at the amount of cardholders who never redeem their rewards. They use their cards frequently and …

Page 1 of 3123»