JPMorgan Chase is the latest bank to see the opportunity to offer new loan products to existing credit card customers. Starting later this year, eligible cardholders will have two new types of loans available to them. One, called My Chase Plan, is a loan with a fixed monthly fee instead …

It’s the monthly payment that counts. While the payment should fit your budget, if you just focus on that, you could end up paying too much, says Bruce McClary, vice president of public relations and communications for the National Foundation for Credit Counseling, a nonprofit organization based in Washington, CC …