The federal funds rate is the benchmark interest rate set by the Federal Reserve. Learn how the Fed rate works and how it affects your interest rates.| www.experian.com
Learn what a grace period is, the average length of a grace period for credit cards, mortgages and student loans and how it compares to deferment.| www.experian.com
Learn about what a secured loan is and how it works, what you can use as collateral, the pros and cons and what happens if you default on a secured loan.| www.experian.com
Learn what a cash advance is, how this type of loan from your credit card works, the cost to take out a cash advance and better alternatives.| www.experian.com
The steps to make a budget include reviewing your income and expenses, setting goals, tracking spending and sticking to your budget.| www.experian.com