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2. Credit CARD Act of 2009 - Wikipedia

   en.wikipedia.org/wiki/Credit_CARD_Act_of_2009

   The Consumer Financial Protection Bureau in its October 2013 report on the CARD Act found that between the first quarter of 2009 and December 2012, credit card interest rates increased on average from 16.2% to 18.5%, while the “total cost of credit,” that is, the total of all fees and interest paid by all consumers as a percentage of the ...

3. Here's how the Fed's rate cut could impact your credit card ...

   www.aol.com/heres-fed-rate-cut-could-183516797.html

   If the issuer cut the rate by 0.5 percentage points, it would take 26 months to pay off the balance and cost $1,485 in interest. That would save a month of payments but also reduces the interest ...

4. Credit card interest - Wikipedia

   en.wikipedia.org/wiki/Credit_card_interest

   Typical credit cards have interest rates between 7 and 36% in the U.S., depending largely upon the bank's risk evaluation methods and the borrower's credit history. Brazil has much higher interest rates, about 50% over that of most developing countries, which average about 200% (Economist, May 2006). A Brazilian bank-issued Visa or MasterCard ...

5. Here are the credit products already cheaper after the Fed's ...

   www.aol.com/credit-products-already-cheaper-feds...

   Credit card rates. As of Thursday, the average credit card interest rate in America stood at 24.92%, according to LendingTree, which notes that that is tied with the highest since it began ...

6. Economic policy of the Barack Obama administration

   en.wikipedia.org/wiki/Economic_policy_of_the...

   Obama presents his first weekly address as President of the United States on January 24, 2009, discussing the American Recovery and Reinvestment Act of 2009 Job Growth by U.S. president, measured as cumulative percentage change from month after inauguration to end of term. 2016 was the first year U.S. real (inflation-adjusted) median household income surpassed 1999 levels.

7. Credit card interest rates are at record high. Here's what ...

   www.aol.com/credit-card-interest-rates-record...

   Nor, of course, do all credit card users face those 20%-plus interest rates, as about half of borrowers pay off their credit balances each month and long-standing accounts feature lower rates.

8. U.S. prime rate - Wikipedia

   en.wikipedia.org/wiki/U.S._Prime_Rate

   The U.S. prime rate is in principle the interest rate at which a supermajority (3/4ths) of large banks loan money to their most creditworthy corporate clients. [1] As such, it serves as the de facto floor for private-sector lending, and is the baseline from which common "consumer" interest rates are set (e.g. credit card rates).

9. Credit card reform bill headed to Obama's desk - AOL

   www.aol.com/2009/05/21/credit-card-reform-bill...

   In order to push the Credit Card Act quickly onto President Obama's desk, the House of Representatives passed the Senate's version of the credit card reform bill yesterday with 361 representatives ...