Editor's Observe: This story initially appeared on Upgraded Factors. Bank cards are a staple of the American monetary system. Nonetheless, credit score has been more durable to return by for a lot of shoppers within the U.S. Quickly rising inflation in 2021 and 2022 motivated the U.S. Federal Reserve to embark on a collection of rate of interest hikes which have continued into this yr. As rates of interest have risen…