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Why are there so many different interest rates offered if the Fed sets one rate?

In Credit Cards - Interest Rates - Asked by Admin - 14 months ago

The reason there are so many different rates is because there are different loan durations and the riskiness of the borrower.

Answered by Admin - 14 months ago


Tags: interest rates, credit card, credit cards, why are there so many different interest rates offered if the fed sets one rate?

Related Questions


What is the base lending rate?

In Credit Cards - Interest Rates - Asked by Admin - 14 months ago

Do true interest rates affect nominal interest rates?

In Credit Cards - Interest Rates - Asked by Admin - 6 months ago

I need an easy income/outgo program, any suggestions?

In Banking - Asked by jan flesch - 2 years ago

If you are looking at Credit Cards you may be concerned about interest rates. Many credit cards have high interest rates or variable interest rates. There are many aspects that affect credit cards interest rates. If you need answers about credit cards interest rates questions like, "why are there so many different interest rates offered if the fed sets one rate?" or help understanding credit card interest rates Zuuply.com can help you with all you need to know.



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