interest rates

Medical Credit Card Issuer Ordered to Make Refunds

Posted on 12/12/2013 by | Money and Work | Comments

Bulletin Today | Money & SavingsA dentist tells an older patient during an exam that she needs expensive treatment. She can’t pay the fee outright, so the dentist immediately arranges financing through a medical credit card plan. A month later, the patient opens her first bill and discovers that the card is not interest-free, as she’d thought. In fact, it carried an annual interest rate as high as 27 percent if she didn’t pay it off within a certain period. Richard Cordray, director of the Consumer …

Looking to Downsize? Now May Be the Time.

Posted on 03/22/2013 by | Money and Work | Comments

Bulletin Today | Money & SavingsIf you’re looking to downsize or move closer to your grandchildren, now may be the time. More people are buying existing homes and inventory is dropping. So as the spring selling season gets underway, and there are fewer homes to choose from, it’s a good time to put your house on the market. Home sales were up  nearly 1 percent in February but 10 percent over last year, the National Association of Realtors said Thursday. Sales haven’t been that robust since …

Congress Closes In On Deal To Keep Student Loan Interest Rates Low

Posted on 06/27/2012 by | Money and Work | Comments

Bulletin Today | Money & SavingsFor those of you with children or grandchildren about to start college, there may be some good news to report. Congress seems ready to agree to a deal that would prevent interest rates on federal subsidized student loans from doubling to 6.8 percent. Democrats and Republicans both say they want the deal, but they’re still arguing over how to finance it. If they can reach agreement by July 1, rates will remain at 3.4 percent for another year. And that …

News To Know: Rate Cuts And You

Posted on 12/18/2008 by | Archived Contributor | Comments

Money & SavingsThe Fed cut interest rates recently, lowering interest rates on a host of borrowing options.