Bank Rate gathered the latest numbers on annual percentage rate (APR) for fixed and variable credit. Currently, fixed APR in August going into September is 13.02% and variable-rate credit cards is at 15.61%. Great! What does all that mean?! You may have said. Well, these rates are the average rates that determine the cost of […]
Staying Put: Credit Card Interest Rates Holding Steady
June 4, 2012 By Leave a Comment
According to the CreditCards.com Weekly Credit Card Rate Report, credit card interest rates are staying at a rate of 14.93%. The credit card article on Fox News states that this rate was up in weeks past but seems to be stagnant at this rate. In 22 weeks, the interest rate has only fluctuated – slightly, […]
Follow Us!