0
What is the current interest rate of Visa credit card compared to five years ago?
Wiki User
∙ 11y ago
Credit card interest rates often depend on previous credit rating and type of purchases. A basic card that is used for purchases online or at stores has an interest rate currently of approximately 11%. Five years ago in 2008, the average interest rate was 13%.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What is interest free credit?
Interest free credit allows you to buy an item such as a washing machine, car or sofa, then pay for the item over a period of time, usually around 2 years, in monthly instalments without any interest being charged (interest free).
What is the interest rate for Wachovia Bank?
Wachovia interest rates to consumers (or businesses) depend on what credit product one is seeking (e.g., are you looking for a personal loan or a mortgage), the term for which the credit is to be oustanding (e.g., one year or thirty years), your credit history, your credit score (i.e., the higher the score, the better the interest rate that you may qualify for) and various other criteria.
Rolex borrowed 3200 from his credit union for 4 years he was charged 9.8 percent simple interest what was his total amount he owed the credit union?
34
How long will it take to payoff 12000 in credit card debt paying 400.00 per month?
at 16% interest 3 years three months at 28% interest 4 years 4 months
What is a typical rate for a 10000 dollar home loan?
Interest rates vary from institution to institution and depend greatly on the credit rating of the individual seeking a loan. The current rate on a $10,000 loan is approximately 12% for a period of five years.
Is the interest rate on a Debenhams credit card high?
The interest rate on your Debenhams credit card will be dependent on your credit score and your likelyness to pay your credit card on time. The first 6 months to years interest rate is usually free.
What is interest free credit?
Interest free credit allows you to buy an item such as a washing machine, car or sofa, then pay for the item over a period of time, usually around 2 years, in monthly instalments without any interest being charged (interest free).
Why do banks pay very little interest on a savings account compared to what it was 15 years ago?
Because interest rates are extremely low right now
What interest rate does Capitol One Bank have?
Capitol One is a credit card, not a bank. All of their credit cards offer an interest rate of 19.8%, except for their Platinum Mastercard. That offers and extremely competitive interest rate of only 5.99% for the first three years.
What is the interest rate for Wachovia Bank?
Wachovia interest rates to consumers (or businesses) depend on what credit product one is seeking (e.g., are you looking for a personal loan or a mortgage), the term for which the credit is to be oustanding (e.g., one year or thirty years), your credit history, your credit score (i.e., the higher the score, the better the interest rate that you may qualify for) and various other criteria.
Rolex borrowed 3200 from his credit union for 4 years he was charged 9.8 percent simple interest what was his total amount he owed the credit union?
34
How long will it take to payoff 12000 in credit card debt paying 400.00 per month?
at 16% interest 3 years three months at 28% interest 4 years 4 months
What is a typical rate for a 10000 dollar home loan?
Interest rates vary from institution to institution and depend greatly on the credit rating of the individual seeking a loan. The current rate on a $10,000 loan is approximately 12% for a period of five years.
How do you use a sentence with the words credit union?
I am a member of seven different credit unions right now. Generally, you will get a better interest rate from credit unions.
Would a vehicle repossession still be on your credit report after 15 years?
Your credit report contains the entire HISTORY of your credit life. The repo will appear on your record but if you've had good credit dealings over the past 15 years it may well only affect your current credit worthiness marginally.
Is credit good or bad?
Credit is good because it allows businesses and countries to finance current projects and pay in the future. Credit is also good because it allows working families to get a mortgage and pay for their house over a number of years. Credit is bad when it is used for greed i.e. companies that charge too much interest. Or when it blinds people into buying things that they could have saved for, like shoes or a holiday.
What do you think the planet Earth will be like in fifty years compared to its current ecological social and economic state ?
Warmer.
