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01.03.22 New Tech for Drunk Driving Prevention / The Debt Hangover & A Clark Smart Resolution.

The Clark Howard Podcast

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Are Interest Rates Going Up?

Interest rates have been very low for the last 15 years. And now we're at a time in the economic cycle where interest rates are going to start moving up. So that means every dollar you borrow on a credit card that you can't pay off, you're going to pay more in interest on that. The other area that's been panicking me is the amount people are borrowing to buy vehicles. When you start looking at what kind of budget hole you're creating in your life when you take out a huge vehicle loan and then sretch those payments out six or seven years, i shall o breathe. I don't want that for you. In 22, here's a new year's

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