Online gambling has exploded in popularity, accounting for much of the $700 billion that was wagered last year. Casinos and online betting platforms often target older adults with their ads and are designed to keep users coming back for more. Online gambling can be more seductive than other forms of betting; many users begin betting compulsively. Retirees are getting hooked — and losing their savings. Click below for some interesting information on online gambling as well as read how Jack, a retired NJ firefighter, racked up big losses.

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One way to lower your credit card interest rate is to apply for a new card that offers a 0% intro rate. You can also try negotiating with your bank or credit union to lower the interest rate on your existing credit card, though you’re more likely to get a fee waived than receive a lower interest rate. Still, it doesn’t hurt to try. Below, you can learn more about a variety of strategies you can use to bring down your rates.

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