QuinStreet

#TheFed did its part by cutting #InterestRates in September, but did credit card companies follow through by lowering their rates??A new CardRatings.com survey found that as of the beginning of the 4th quarter of 2024, well under half (37.25%) of the credit cards surveyed had changed their rates in response to the Fed’s rate cut. Learn more: https://bit.ly/3URp3IO

As the Federal Reserve prepares to announce its interest rate decision, it's essential for credit card holders to understand the potential implications. CardRatings.com delves into how a rate cut could impact your credit card debt and savings: https://bit.ly/3X1OgzH?#FederalReserve #InterestRates #CreditCardDebt #Finance

Back-to-school shopping season is here! Now is the perfect time to teach your kids valuable lessons about money management and smart shopping. CardRatings.com explores how to turn those shopping trips into fun and educational experiences. From budgeting and planning to understanding the cost of credit and spotting advertising tricks, your kids are sure to gain essential life skills from these tips. https://lnkd.in/grVUs9Zk

A new CardRatings.com study found that?the current average #CreditCard #InterestRate is 24.78%, up just slightly from the first quarter of 2024. See the latest results:?https://bit.ly/3URp3IO

While debt and delinquency rates often go hand in hand, it may surprise you that being overextended on your credit card(s) may also?lead to decreases in your?credit limits. CardRatings.com discusses ways to minimize the impact of a cut. https://bit.ly/3RL0WZN

Statistics show that a growing number of Americans are struggling to keep up with their #CreditCard payments. If you’re having this problem, there are steps you can take to pull back from the brink. CardRatings.com discusses how to get your #CreditCardDebt under control. https://bit.ly/4ciPT1Y

#CreditCardDebt declined in the first quarter of 2024; however, with other types of debt rising, consumers may simply be trading one problem for another. CardRatings.com discusses why this drop in debt might not actually be good news. https://bit.ly/4aNvgty

What do’s and don’ts should your staff follow? Ultimately, that’s up to you, but CardRatings.com offers some #SmallBiz smart practices that you may want to make part of your company’s policies.?#SmallBusinessMonth https://bit.ly/4dKrhRe

#CollegeGraduation marks a clear separation between adolescence and adult life. It's the start of a possible new career, and the opportunity to establish your life as an independent person. CardRatings.com offers tips for setting a solid foundation to help build your #PersonalFinances as a recent #CollegeGraduate. https://lnkd.in/g6irKJus

A recent survey found that sizeable majorities of #Millennial and #GenZ Americans are hungry for more knowledge about #PersonalFinance. Seeking to improve #FinancialLiteracy is the right response to an unforgiving economic environment, but it can be hard to know where to begin. CardRatings.com offers their top tips:?https://bit.ly/4aOE3vT