Why banks are boosting credit card interest rates and fees ...
Nov 9, 2008 . Updated 11/14/2008 3:00 PM | Comment | Recommend, E-mail | Print | Reprints . his credit card interest rate this year, to 27%, for no apparent reason. . The average household now owes $10678 in credit card debt, up 29% .
Consumer Action :: 2008 Credit Card Survey
Jul 22, 2008 . Survey at a glance; Lowest rate credit cards; Consumer Action 2008 Credit . Average Variable APR: 14.25% . Average Fixed APR: 11.82% .
Consumer Action :: Consumer Action releases 2008 Credit Card ...
Jul 23, 2008 . According to Consumer Action's annual 2008 Credit Card Survey, . raise my interest rate because of my credit record with other credit cards or lenders? . In 2007, the average penalty rate was 24.51%, with a high of 32.24%.
Credit Card Press Releases: Significant APR Increases Took Place ...
Feb 24, 2010 . While the prime rate remains at its historic low of 3.25%, unchanged since December 2008, the average APR on a credit card increased almost .
Additional findings from the survey are:
CARD Act conference: Key findings > Consumer Financial ...
When a consumer opens a new credit card account, the consumer is told what the Annual . In 2009, the average APR on all mature accounts (adjusted to reflect the drop in the prime rate) increased by 2.4 percentage points from 2008.
Negotiating with your creditors
If you're struggling with credit-card debt, you have plenty of company. . a Bank of America credit card in August 2008 when its introductory interest rate of 3.99 . the average APR was 8.29 percent for consumers with top credit scores of 760 to .
Credit Card Interest Rates Stay Steady | Fox Business
Mar 21, 2011 . The average annual percentage rate (APR) on new credit card offers held . In March 2008, when the recession had just started and before the .
interest rates on foreign credit cards
Oct 31, 2008 . Any idea what the average APR is on credit cards in other parts of the world . Join Date: Apr 2008; Location: Somewhere in So Cal; Posts: 105 .
Helping those in financial - AAA Fair Credit Foundation - Helping ...
Average APR on credit card with a balance on it: 14.48 percent, as of May, 2010 . study, November 2008); Undergraduates are carrying record-high credit card .
On introductory bonuses, the survey found that:
Credit Cards | First Bank & Trust
The average interest rate on credit cards has been increasing since early 2008 at a pace of 1% every quarter. As of September 15, 2011, the average rate for .
American Consumer Debt Statistics | Consolidated Credit
Let's say you have exactly the average credit card debt of $6600. . without any balance transfer fees at 12% interest—just below the national APR average right now. . with credit cards still averages $54000 (also down from $93850 in 2008) .
My Credit Card Interest Rate Raised for No Reason | Milk Your Money
May 5, 2008 . Half of Americans carrying total credit card debt average around $10000 each . Regardless if you have never missed or had a late payment on your current credit card, companies may now raise the current interest rate on your .
Daily Periodic Rate Calculator - CreditCard.BizCalcs.com
Calculate the daily interest rate and amount on your credit card balance. . Enter your balance and the credit card's yearly interest rate and this calculator will show you the daily periodic rate and the average amount of . 11/3/2008 5:30:36 PM .
Statistics about Credit Cards, Credit Card Reform Legislation ...
The average credit card debt per household with credit card debt at the end of . the average number of credit cards held by cardholders as of Dec 31, 2008 was 3.5. As of December 31, 2009 the average APR on a credit card with a balance .
For more information for boomer consumers, see my blog 2008 credit card legislation.