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  • 12-03-2021
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What is the interest rate charged on the unpaid balance of a credit card called?

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user2378997624
user2378997624 user2378997624
  • 12-03-2021
The prime rate come up with a basis for credit card issuers when they make interest rate offers in a credit agreement. 1 The amount of interest charged above the prime rate is known as the spread.
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