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How can I know about the prime rate on the credit card?

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had a discussion with a credit counselor in Placerville in California. I wanted to know about the ways to cut down the interest rate. The credit counselor asked me about the prime rate. I have no idea about the prime rate on my card. In fact, I don't know what it is. Can you please explain.

It is the rate of interest you are charged. It should be on your monthly statement.

Sub: #1 posted on Sat, 07/27/2013 - 17:53

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