Store Credit Cards Hit 30% Interest Rates As Consumer Balances Rise

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2022-12-09 21:25:08 - Translate -

BankRate.com reports that the APR on the average US credit card just hot 19.40% - a new record high... Matt Schulz, the chief credit analyst for LendingTree, was quoted by Bloomberg as saying some store cards that hit 30% were lowered soon after.
https://www.zerohedge.com/markets/some-store-credit-cards-hit-30-interest-rates-consumer-balances-rise

BankRate.com reports that the APR on the average US credit card just hot 19.40% - a new record high... Matt Schulz, the chief credit analyst for LendingTree, was quoted by Bloomberg as saying some store cards that hit 30% were lowered soon after. https://www.zerohedge.com/markets/some-store-credit-cards-hit-30-interest-rates-consumer-balances-rise

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Store Credit Cards Hit 30% Interest Rates As Consumer Balances Rise

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