AGP Executive Report
Last update: 9 hours agoSavings Accounts: Macquarie will pay a A$14 million penalty over unclear “welcome rate” offers, and A$8.8 million in compensation to about 40,000 customers. Savers should check whether their account still pays a competitive rate. Credit Card Debt: U.S. card balances have reached a record $1.29 trillion as delinquencies rise. People carrying balances can ask issuers for lower rates or consider a 0% balance transfer, while checking fees and terms first. Holiday Budgets: A LendingTree survey found potential Thanksgiving hosts expect to spend an average of $427, and 62% may borrow to cover costs. Some plan to use credit cards or buy-now-pay-later, adding debt to already pressured budgets.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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