Economy Slows, US Credit Card Interest Rates Hit Highest Levels In 25 Years

in #dtube5 years ago


The gap between what banks are being charged to borrow money, and what their charging consumers, is widening once again. According to the FT, US consumers are paying higher interest rates on credit-card balances than they have in 25 years.

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https://www.zerohedge.com/news/2019-0...

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