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Tag Archives: rates

Card APRs will rise quickly after Fed rate hike

Matt Schulz
Card APRs rise quickly after rate hike

How quickly will they hit you? Once the Fed acts, your card agreement spells it out, and there are variations between banks. Some will act superfast, others will grant customers a brief reprieve.
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Sorry, cardholders, your interest rate cut comes tomorrow

Daniel Ray

Sorry, credit cardholders, last night’s rate cut was a bailout for investment bankers. Your cut comes tomorrow.
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