💨 Abstract

Credit card customers are urged to monitor their accounts as lenders have increases interest rates significantly, a rate hike of an average of 7.3 points in 10 years and up to 12 percentage points in some cases. Customers are urged to consider switching their balance to a 0% APR card to save on interest. Leading 0% balance transfer deals currently extend up to 33 months. Comparisons tools available online and free supports for managing debts.

Courtesy: James Flanders