How can I know about the prime rate on the credit card?
Date: Fri, 07/26/2013 - 04:47
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
It is the rate of interest you are charged. It should be on your monthly statement.