Credit card Rates hit an all time high of 21.4 %. America is now a Loan Shark Operation.
Add in the buy now pay later loans at checkout, the subprime auto loans, the payday loans. The loan sharks never had it so good. Another new all-time high for consumer credit card interest rates pic.twitter.com/BWeavhTbEO — Liz Ann Sonders (@LizAnnSonders) January 10, 2024 Yeah. Moreover, serious delinquencies have been rapidly rising. In some age …