Tag: Credit Card Interest Rates

It is not rocket science to expect revolving debt to grow as inflation takes hold of the consumer budget. The ...

Inflation is a reality in business cycles. Reserve banks across the globe struggle with the issue, as their mission often ...

Pricing credit cards is often an art as much as a science. The card issuer faces the challenge of being ...

There is no way to fight it, but interest rates are rising quickly. It is a countermeasure against inflation, which ...

Credit card delinquencies have never been better than they were in 2021. According to the Federal Reserve, delinquent accounts for ...

Yesterday the Fed Funds rate climbed 0.50%, on top of March 17th’s 0.25% increase, which now brings the prime to ...

Credit cards often grab the headlines, but rates are highly regulated, the market is transparent, and competition is stiff. Standard ...

Rising interest rates will not substantially affect the household’s ability to repay their credit cards, but inflation will. Impact of ...

As a businessperson and consumer, your credit cards will likely rise on March 16 as the Federal Open Market Committee ...

The prime rate has been sitting at 3.25% since March 2020. The rate is a historic low, illustrated at a ...