Colin Slabach

“Credit-card APRs, home-equity lines of credit, adjustable-rate mortgages and some private student loans could become more expensive relatively quickly,”

Colin Slabach · said date not stated · reported 2026-09-23

Slabach identifies specific types of debt that could quickly become more expensive after a rate hike.

“A quarter-point increase may appear small, but its effect accumulates for households carrying large balances or already struggling with monthly payments.”

Colin Slabach · said date not stated · reported 2026-09-23

Slabach warns that even small rate increases compound the burden on households with large balances.

“The pain will be felt first by individuals with variable-rate debt,”

Colin Slabach · said date not stated · reported 2026-09-23

An NYU professor explains that variable-rate debt holders will feel the impact of rate hikes first.