Tag Archives: APRs

Welcome to 2018 and other credit news to know

Taylor Tompkins

This week’s (un)lucky number is: 60 That’s the percentage of Americans who wanted credit but were afraid of getting rejected. A healthy dose of fear is good – especially when it comes to heights, bears, enclosed spaces, insects and needles. But…
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New card preapproval tools bypass wide APR ranges

Kelly Dilworth

One of my pet peeves when comparing credit card offers online is that APR ranges are so wide these days that it’s next to impossible to guess which APR you’ll get once you apply. Some credit card offers, for example,…
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America the credit-ful and other things to know this week

Taylor Tompkins

This week’s (un)lucky number is:  16 In a historic Rounding Numbers first, this number is unlucky for multiple reasons. The first reason is 16 percent is the average credit card APR, according to our Weekly Rate Report. Sixteen is also the number…
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Higher Nordstrom credit limit won’t lead me to splurge

John Egan

Yippee! Nordstrom, the high-end retail chain, just bumped up the credit limit on my Nordstrom credit card from $800 to $2,800, a 250 percent hike. However, I don’t know that this is much cause for celebration. Sure, I’m flattered –…
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How much higher can card interest rates go?

Kelly Dilworth
How much higher can card interest rates go?

As average credit card APRs continue to break records, some cardholders may be wondering how much higher credit card interest rates can go. Over the past 10 years, the average APR for new credit card offers has climbed from 13.15…
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