What to do with your credit card debt now that the Fed raised rates again

Editor's Note: This is excerpted from a story that originally ran on March 22, 2023.The Federal Reserve on Wednesday raised its key interest rate for the ninth time since last March.Each time the Fed raises the rate, lending rates that banks charge their customers tend to follow.That means consumer debt especially variable-rate credit card debt will get more expensive.

Read at www.cnn.com