Refinance credit cards before rate hike
Credit cards are closely tied to the federal funds rate. If you're carrying a balance on a card, it might make sense to roll that balance into a low-interest card or home equity loan. Shop for a balance transfer credit card today.
But beware. If that credit card debt came from overspending, simply consolidating it into another loan won't solve the underlying problem.
If overspending was the cause, move cautiously when consolidating. Otherwise, the problem will just continue.
Experts recommend: Take advantage of historically low interest rates to refinance high-interest cards, but do this only after you fix your spending problems.