Credit card interest rates reach highest level in 25 years

I USA har kreditkortsräntorna ökat till 21,19 procent, en nivå som inte har setts på mer än tjugofem år. Detta händer vid en tidpunkt då de amerikanska konsumenternas totala kreditkortsskulder har överstigit en biljon dollar. Samtidigt har deras personliga räntebetalningar passerat över 500 miljarder dollar.

In the US, credit card interest rates have increased to 21.19%, a level not seen in more than 25 years.

This comes at a time when the total credit card debt of US consumers has exceeded one trillion dollars. At the same time, their personal interest payments have surpassed 500 billion dollars.

Source: Game of Trades

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