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Here Are Some Strategies to Pay Off Credit Card Debt Before Interest Rates Rise Again

  • Hector Curiel
  • Jun 14, 2022
  • 1 min read

Interest rates are set to rise again, making it a good time to pay off high-cost credit card debt as soon as possible.


Annual percentage rates on credit cards are currently just over 16%. Because the Federal Reserve is in a rate hiking cycle, with half-point increases on the table for every remaining meeting this year, APRs are likely to go up.



 
 
 

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