interest rates
Date: Fri, 02/13/2009 - 17:21
Is there a maximum interest rate a cc company can impose? I know it may differ from place to place but what is the general? I have one at 29.9 right now and don't want it to go any higher.
yes, I have had late payments but always within 5 days of the due date. But I know, late is late.
Thanks--
yes, I have had late payments but always within 5 days of the due date. But I know, late is late.
Thanks--
It really depends on your cardholder agreement. Many times bein
It really depends on your cardholder agreement. Many times being even 1 day late can trigger the "default" APR. The default APR should be explained in your agreement. Some agreements tie the default APR to some index (like prime rate), in which case if that index fluctuates, so does your APR.
