Fed rate cuts won’t end the sting of high interest rates for subprime cardholders
Subprime borrowers are particularly affected by interest rate changes. Here’s how to prepare.
4 min read
Nov 07, 2024
John Egan
Contributor, Personal Finance
EXPERTISE
- Personal finance
- Credit cards
- Credit card news
EDUCATION
- Bachelor’s degree in Journalism, The University of Kansas
- Master’s degree in Communication, Southern New Hampshire University
Just like millions of Americans, I have experienced ups and downs with my personal finances. When I share knowledge and expertise about spending and saving money, it makes me feel good about helping someone who’s in the same situation that I’ve been in. Most of us don’t learn about personal finance in school – we often learn about it through trial and error. It’s my hope that somebody can figure out how to better handle their money after reading my work.
— John Egan
John Egan is a freelance writer and content marketing strategist in Austin, Texas. He specializes in content focusing on personal finance, real estate and health and wellness. He is the former editor-in-chief of the Austin Business Journal and has been quoted in the Wall Street Journal, Today.com, ABC News, NPR, MarketWatch and the Chicago Tribune.
John has won awards from several organizations, including the Society for Advancing Business Editing and Writing (SABEW) and the National Association of Real Estate Editors.
Find John Egan beyond Bankrate
- CreditCards.com
- Forbes Advisor
- Experian
- U.S. News & World Report
Just like millions of Americans, I have experienced ups and downs with my personal finances. When I share knowledge and expertise about spending and saving money, it makes me feel good about helping someone who’s in the same situation that I’ve been in. Most of us don’t learn about personal finance in school – we often learn about it through trial and error. It’s my hope that somebody can figure out how to better handle their money after reading my work.
— John Egan
John's latest articles
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How a new credit card can fight inflation
A new credit card, timed right and used strategically, can help you fight high prices.
6 min read Nov 07, 2024 -
Need another balance transfer? Don’t feel ashamed
A second balance transfer can help you continue to pay off debt, but know the risks involved.
6 min read Oct 23, 2024 -
How a new credit card can fight against inflation
Prices are rising. A rewards credit card, timed right and used strategically, can help you fight inflation.
3 min read May 01, 2024 -
Not a rewards junkie? That’s OK
Get the expert takes on easing your way into credit cards rewards without obsessing over rewards.
4 min read Apr 26, 2024 -
Shop Small: 15 local Florida brands you must try
Where to go to support local Florida businesses this Small Business Saturday.
5 min read Nov 06, 2023 -
How your credit cards can help during a recession
A strategy for turning your credit cards into recession survival tools.
7 min read Jul 13, 2023 -
LGBTQ+ guide to personal finance 2023
Lesbian, gay, bisexual and transgender Americans have made extraordinary strides toward equality in recent years, yet obstacles remain – including disparities in personal finance.
9 min read Jun 09, 2023