Thinking a Fed rate cut will shrink your credit card bill? Not so fast. While banks are quick to hike your interest when rates go up, they’re slow to drop them when rates fall. So, even if the Fed cuts rates again, don’t expect your APR to magically dip. If you want to save on interest, try a balance transfer, negotiate with your card company, or look into debt consolidation. Waiting for banks to play nice could cost you more in the long run. #Business #MakeMoney #CreditCardTips