Wild Or Weird Or Wacky Stuff (WOWOWS)

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44619

Date: March 18, 2024 at 12:28:35
From: blindhog 6th sense, [DNS_Address]
Subject: I'm Not Smart Enough* to Know Why This is Happening, So Maybe...

URL: https://www.zerohedge.com/personal-finance/mapping-credit-card-delinquency-rates-us-state


...someone else knows and let me know.

Why are interest rates on credit cards SO much
higher than the present rate established by
the Federal Reserve of 5.5%? The difference
wasn't always that high.

Use of a credit card when you can't pay the
bill in full each month is the financial kiss
of death.



* As I'm also not smart enough to know how to
include 2 URLs in one post, I will follow this
post with a 2nd related post and maybe more.


Responses:
[44625] [44627] [44630] [44620] [44621]

44625

Date: March 18, 2024 at 13:22:46
From: The Hierophant, [DNS_Address]
Subject: Re: I'm Not Smart Enough* to Know Why This is Happening, So Maybe...

URL: https://www.bankrate.com/finance/credit-cards/does-law-cap-credit-card-interest-rates/


don't feel like doing econ 101 here - so am providing a
link that might explain to you the 'why's -


Responses:
[44627] [44630]

44627

Date: March 18, 2024 at 17:03:48
From: blindhog 6th sense, [DNS_Address]
Subject: You Really Don't Get it, Do You Hierophant? I'm Not Surprised.(NT)


(NT)


Responses:
[44630]

44630

Date: March 18, 2024 at 21:18:26
From: The Hierophant, [DNS_Address]
Subject: But you said


you didn't get it ....so I pointed you to a place that
explained it for you to understand.
Because if you were alluding to corporate greed - there
is nothing unknown about that - everyone seems to
understand that.


Responses:
None

44620

Date: March 18, 2024 at 12:30:16
From: blindhog 6th sense, [DNS_Address]
Subject: Ok, Here's a Follow up (NT)

URL: https://www.forbes.com/advisor/credit-cards/average-credit-card-interest-rate/


(NT)


Responses:
[44621]

44621

Date: March 18, 2024 at 12:32:30
From: blindhog 6th sense, [DNS_Address]
Subject: And, Here's an Additional Follow-up (NT)

URL: https://wallethub.com/edu/cc/historical-credit-card-interest-rates/25577


(NT)


Responses:
None

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