I wonder what the average interest rate is these days... I just saw a credit card with a usual (non-penalty) annual interest rate of 28%. Perhaps credit cards and car loans are not comparable. But it's an indication of where we are at with consumer debt.
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[ 2.5 ms ] story [ 17.8 ms ] threadI wonder what the average interest rate is these days... I just saw a credit card with a usual (non-penalty) annual interest rate of 28%. Perhaps credit cards and car loans are not comparable. But it's an indication of where we are at with consumer debt.
These numbers don't make sense.