Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in ...

The proposal could lower borrowing costs, but critics warn of reduced credit access and fewer rewards. Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not ...