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Card holders who roll balances to be hit hardest by Fed rate hike

Thursday, March 16, 2017 - 05:50

As credit card debt is more expensive than, say, a home or car loan, an already-expensive way to borrow will become even more so.

New York

GET ready to pay more to borrow.

When it comes to economics, certainty is usually elusive, but in the case of the expected decision by the Federal Reserve to raise short-term interest rates by a quarter-point on Wednesday, the impact on consumers is clear.


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