Good news for those hit by recent spikes in credit card interest rates and looking for a new card: Rates have hit a two-year low, according to a survey by IndexCreditCards.com. The average rate for a nonreward credit card is now 13.29 percent.
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Kimberly Palmer, senior editor for U.S. News & World Report, writes about how to save money, avoid scams, manage debt, and be a savvy shopper. Send your personal finance questions to her for expert money advice.
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