Maximum credit card interest rates? Necessary? 15%
Currently discover card is at max 24 to 27.42% APR.
31-35, M
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jehova · 31-35, M
@MarineBob im aware of that but at a 24% interest rate if im ever unable to pay it off before the next credit addition; hence why credit exists at all. If interest is more than inflation the rate of inflation increases as the buying power of a currency is further buried by being implied as underwater to its own pending payment.