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What is the average Credit Card Interest Rate in 2010?

The overall average interest rate for credit cards in the year 2010 is 16.8%. In general, you can expect starting interest rates for most credit cards to be around this value. Persons with lower credit rating can expect a higher credit card interest rate while the opposite is true of people with higher credit ratings. Depending on the type of credit card you use you may tend to see a trend of increasing or decreasing interest rate.

by Susan White on Fri, 04/23/2010 - 14:52

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