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With all the recent news about low-interest rates, you might be wondering why the interest rate on your credit card is actually high. For the week of April 7, for instance, the average annual percentage rate on credit cards was at 15.93 percent.
Original Article Source Credits: Bank Rate, https://www.bankrate.com/
Article Written By Poonkulali Thangavelu
Original Article Posted on : April 12, 2021
Link to Original Article: https://www.bankrate.com/finance/credit-cards/why-are-credit-card-aprs-so-high/
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