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Just lol @ Macy's cels
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Thread: Just lol @ Macy's cels
07-10-2024, 11:40 AM
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- OffwhiteBrah
- Join Date: Apr 2015
- Location: Florida, United States
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Just lol @ Macy's cels
Macy's just sent customers a letter alerting them its APR is jumping to 34.49%.https://www.cbs8.com/article/news/lo...a-232b941ccac1
SAN DIEGO — Interest rates on retail credit cards are on the rise, and the numbers may surprise you.
Macy’s just sent letters to its card users announcing the interest rate on their Macy's card is jumping to 34.49%. Industry experts told CBS 8 the increase is part of a nationwide trend.
“I mean, i follow this so closely that I'm not shocked, but on the face of it, yeah, that's a really high interest rate," said Ted Rossman, a senior industry analyst at Bankrate.
Rossman says retail stores already have the highest APRs, and those rates have been climbing steadily mirroring what the Feds are doing.
SAN DIEGO — Interest rates on retail credit cards are on the rise, and the numbers may surprise you.
Macy’s just sent letters to its card users announcing the interest rate on their Macy's card is jumping to 34.49%. Industry experts told CBS 8 the increase is part of a nationwide trend.
“I mean, i follow this so closely that I'm not shocked, but on the face of it, yeah, that's a really high interest rate," said Ted Rossman, a senior industry analyst at Bankrate.
Rossman says retail stores already have the highest APRs, and those rates have been climbing steadily mirroring what the Feds are doing.
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