Did You Notice: Interest Rates Decreased On Credit Cards
Filed Under (Credit Cards Blog) by creditblogger on 21-10-2008
If you haven’t noticed, credit cards interest rates dropped a bit last week, and BankRate has now confirmed that there has a been a small decrease in credit card rates. These changes are very small, so I wouldn’t bet on a major decrease in credit card rates anytime soon. But as we all are waiting for the credit industry to hopefully not have the same collapse as the one in Wall Street, one needs to wonder when credit card companies actually start raising interest on their card holders across the board.
Story via Business Week
