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I am an expert at google-fu ;-) "...CreditCards.com releases the national average APR, which is made up of 100 of the most popular credit cards in the country.
by SCAQTony 8y ago
I am an expert at google-fu ;-)
"...CreditCards.com releases the national average APR, which is made up of 100 of the most popular credit cards in the country. According to their June 21, 2017, release, the national average credit card rate across all types of cards was 15.96 percent. — Jan 2, 2019"
- saghm 8y agoI don't doubt your honesty here, but a link would be helpful
- selimthegrim 8y agoJune 2017 was quite a while ago in terms of fed funds rate hikes. I would bet $100 the average APR is greater than 15.96% now. More likely between 17-18%, I have a source too but would need to dig it up.
- SCAQTony 8y agoThe link I referenced is here: https://www.creditcards.com/credit-card-news/interest-rate-report-062718-up-2121.php https://www.creditcards.com/credit-card-news/interest-rate-r... Doing more research I found this which states it has jumped to 17.64%: https://www.creditcards.com/credit-card-news/rate-report.php https://www.creditcards.com/credit-card-news/rate-report.php