Category: Loans and Banking

What are the side effects of credit card consolidation?

Since credit card debts have escalated due to changes in the credit card payment policies and the fact that the same was not communicated to the credit cardholders, several debt help options have increasingly come into the limelight. Among them, credit card consolidation is a prominent means of debt relief option. It must be kept [...]

US interest rates reaching ZERO - can FED do anything else?

FED decided few days ago that the interest rates will be between 0-0.25%. In fact, it means that USA have ZERO interest rates. Now USA are the second big nation with such low rates (the second one is Japan - Japanese have had almost zero interest rates for several years now). Now FED has done everything [...]

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