Cheaper Credit Cart Rates As Fed Freezes Benchmark Rates?
Almost all credit cards peg their interest rates to the Prime Rate, plus “X.” That “X” varies by issuer and ...
Tag: interest rates
Brazilian Credit Card Interest Rates: Enough to Choke a Horse or Risk Based Pricing?
Debit cards work well in the Brazilian card market but credit cards flounder because of consumer default and a lack ...
5.5 And Holding: Fed Promises No More Rate Increases, Shielding Credit Cards
In the credit card business, where almost all cards index their rate to Prime + an X factor, you need ...
Increasing Interest Rates and Turmoil
The Federal Reserve has been raising interest rates at an increasing rate over the past three years. In December 2015 ...
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