The Federal Reserve raised interest rates another 0.25 percentage point on Wednesday. That is on the lower end of the Fed's recent rate hikes, but analysts say consumers could find it harder to get a loan anyway. WSJ's Oyin Adedoyin joins host J.R. Whalen to discuss why, and how you can get your personal finances in order. 0:00 What does The Fed’s increase in interest rates mean for Americans? 1:02 Do higher interest rates mean stricter credit checks and requirements? 1:43 How to increase your chances of getting a loan 2:45 How credit card debt is impacted from rate hike 4:37 What do higher interest rates over the year mean for consumers going forward? Your Money Briefing WSJ's personal-finance podcast features the news that affects your money and what you do with it, breaking down complicated money questions from spending and saving to investing and taxes. For more episodes of WSJ's Your Money Briefing: https://link.chtbl.com/WSJYourMoneyBriefing #Fed #PersonalFinance #WSJ