Markets

This credit card is the ‘best weapon’ to fight debt while interest rates keep climbing

Summary

As borrowing costs for Americans with credit card balances rise following recent rate hikes and further increases expected later this year, consumers are looking for ways to manage mounting debt. Financial tools like specific credit cards are being evaluated as effective options to help navigate these climbing interest expenses.

After September’s rate hike and another projected increase in December, borrowing costs are expected to keep climbing for Americans carrying a credit-card balance.

Source: Read the full story at MarketWatch.com - Top Stories

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