How Interest Rate Hikes Affect Personal Loan Investors – SmartAsset
Some peer-to-peer lending platforms may respond to federal funds rate hikes by raising their own interest rates. If you’re investing in personal loans, that
In December 2015, the Federal Reserve raised the federal funds rate by a quarter of a percentage point. That was the first time the Fed had raised rates in nearly a decade. While federal funds rate changes don’t directly impact … Continue reading →
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