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What is different about interest rates or price credit from other prices in the economy?

what is different about interest rates, or price of credit, from other prices in the economy


If you are approved for a 90 percent home loan and you have bad credit how can you get help with the other 10 percent and closing costs?

You can apply to a different bank for the remaining 10 percent and closing costs. However, you will most likely get the loan at a very high interest rate because of your bad credit.


What is a consolidation credit card?

A consolidation credit card is a credit card someone will pick to use as their sole credit card for everyday expenses which typically has the lowest interest rate or the best benefits such as cash back or miles rewards programs. Also, if someone has other credit cards with higher interest rates, they can often transfer balances and "consolidate" them onto a single credit card with a lower interest rate, therefore lowering their monthly payment, costs and in essence, making the card a "consolidation credit card".


What company currently offers low interest balance transfer of other credit cards?

Discover is one company that offers low interest balance transfer of other credit cards. One can compare interest balance rates online at websites such as Nerd Wallet and Credit Cards.


What are the differences between a credit card with a fixed interest rate and a credit card with a variable interest rate?

A credit card with a fixed interest rate has a consistent interest rate that does not change over time, providing predictability in monthly payments. On the other hand, a credit card with a variable interest rate can fluctuate based on market conditions, leading to potential changes in the amount of interest charged on the balance.


What is the current interest rate on the American Airlines credit card?

The current interest rate on an American Airlines credit card is variable. This rate depends on the individual's credit, their payment history, and other factors. The interest rate varies between 21% and 25%.


For a person of average credit would American Express have a lower interest rate than other credit cards?

Yes, they will have a lower interest rate for someone of average credit. Most cards have around 2.5% interest while American Express has 1.9%.


Where can I get information on a low interest credit card?

You can find information about all types of credit cards on creditcards.com. You can search by interest rate, by annual fee, by your credit rating and by many other options so that you can pinpoint the perfect credit card for you.


How are Capital One's interest rates compared to other company's?

"Capital One's interest rates compare quite favorably with other competitors. If a credit card is being applied for, the interest rate attributable to that card will be based upon individual credit ratings."


Interest rates on credit cards and other loans are .?

a category of discretionary income


What are the terms and conditions of the one year no interest credit card offer?

The terms and conditions of the one year no interest credit card offer include no interest charges for the first year, but may have other fees or requirements.


How does the GE Creditline compare to other credit cards?

GE Creditline is just like most other credit cards. The interest can be 29% depending on your credit history. There are several fees if you do not repay the line of credit on time.