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Perfect Card

In these tumultuous times of credit cards it is perhaps better to look to the past for the answers for tomorrow. In 1985, more than 90% of U.S. credit cardholders paid a 19.8% interest rate and a $20 annual fee. more


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Card Reform Express

The credit card industry is sweating bullets after the U.S. House overwhelmingly approved legislation that would push up the date of credit card reforms scheduled for 2010. The American Bankers Association says credit card issuers cannot turn on a ... more

Current Pricing

Oct 09 Apr 09 Oct 08
Super-Prime: 9.65% 8.99% 9.75%
Prime: 14.23% 13.65% 13.99%
Sub-Prime: 22.43% 19.65% 21.22%
Promotional: 4.02% 1.85% 2.05%
Punitive: 29.88% 29.02% 29.97%
Note: Average Rates based on FICO Credit Scores.
Super-Prime = 760-850; Prime = 660-759; Sub-Prime = 500-659.
Source: CardTrak.com

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Consumer Questions Answered…

How much does the average family owe on their credit cards?
Based on current industry statistics and consumer surveys the average American household with at least one major credit card owes $9659. However, given that 13% of Americans carry credit card balances above $25,000, the median is about $6,600 for the typical card using household. permalink

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