Credit Card Interest Rates Rise To Near-Record Levels
PYMNTS
OCTOBER 9, 2019
prime lending rate, which banks charge to their best credit customers, is now at almost its lowest point ever due to Federal Reserve monetary policy. More than 100 million new credit card accounts have been added since 2010, which means the total amount of customers was at 486.5 trillion since 2010. million in Q2.
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