In the United States, the federal funds rate was raised: what does this mean for Americans

The Federal Reserve System (FRS) raised its target federal funds rate by a quarter of a percentage point. Writes about it CNBC. The first base rate hike in three years will set the stage for six more hikes by the end of 2022. “The war in Eastern Europe gives the Fed…

Hundreds of Thousands of Dollars in High Interest Rates: How Much Does a Bad Credit Score Cost

Unfortunately, according to recent research, the difference between a very good and a bad credit rating can cost you nearly $ 400 in your lifetime. This effect is much less between high and normal credit ratings, but even so, interest payments ...

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