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What is the definition of the prime rate?

In Credit Cards - Interest Rates - Asked by Admin - 11 months ago

The prime rate is the interest rate charged to large companies for short-term loans in the USA.

Answered by Admin - 11 months ago


Tags: prime rate, credit cards, credit card, credit card interest rates, what is the definition of the prime rate?

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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, "what is the definition of the prime rate?" or help understanding credit card interest rates Zuuply.com can help you with all you need to know.



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