Newsletter - How does raising interest rates control inflation?

This is your Newsletter. [LPB]( [LPL]( [LetmePayday Newsletter]( You Might Like     [Learn more about Jeeng](  [How does raising interest rates control inflation?]( [How does raising interest rates control inflation?]( When central banks raise interest rates, the impact is felt far and wide. Mortgages become more expensive, house prices might fall and unemployment can rise. So why do central banks do it? This film tells you why. [[icon] Watch HereÂ](  [Get your Loan](   [How to use a credit card responsibly](  [How to use a credit card responsibly]( Using a credit card responsibly involves paying off your balance each month, slowly building credit with a few purchases, and even earning cash back rewards. Between the ages of 18 and 25, I racked up nearly $80,000 of debt – about half of it on credit cards – before aggressively paying it all off in about three years. You might think that experience would have made me a debit and cash guy for life. As it turns out, I still pay for nearly everything with credit cards. I just use credit cards responsibly now. How credit cards work A credit card is a revolving line of credit that allows you to make charges at any time (up to the amount of a specific credit limit). Before you learn how to use credit cards responsibly, you’ll need to know how they really work in the first place. [[icon] Read MoreÂ](  You Might Like     [Learn more about Jeeng]( Connect with LetmePayday on Social Media Pages [Facebook]( [Linkedin](    [Unsubscribe](