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Action Line: Credit card APRs rely on prime rate, margin – Tulsa World



Action Line: Credit card APRs rely on prime rate, margin
Tulsa World
Dear Action Line: I'm sick to death of the "federal funds rate fiasco" - the Federal Reserve Board playing god with the prime rate to "help the economy" but, as an unintended result, keeping credit card APRs sky-high. Explain this, please. - M.T ...

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