After this week's global market crash, the credit market is showing signs of stress.
Cyber security experts warn that consumers are as vulnerable to hacking now as they were back then.
Experian says consumers who let the firm monitor their checking accounts could get easier access to credit.
The quarter-point hike, to a range of 2.25 percent to 2.5 percent, lifts the Fed’s benchmark rate to its highest point since 2008.
Companies trim credit limits, balance transfers to limit risk in case of slowdown.
The average rate is just over 17 percent, and it's expected to keep going up.
It's something parents need to think about more and more these days.