The Federal Reserve held its benchmark rate steady after raising it in September, and a Reuters poll found that 100% of economists expect another hike in December. To reduce costly debt, the article recommends balance-transfer cards with an introductory 0% period, consolidation loans and debt-relief programs, while detailing their conditions and fees. Achieve offers loans from $5,000 to $50,000 over two to five years, accepts some borrowers with a FICO score of 560 or lower and can negotiate with creditors to accept less than the full balance. To maximize savings, high-yield accounts can become more lucrative after a rate increase, while a fixed-rate loan keeps monthly payments stable despite market fluctuations.
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