credit card APR

concept
2 mentions 1 recordings first heard Oct 2019 last heard Oct 2019 ±0 vs the 6 months before

Annual percentage rate charged on credit‑card balances

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AnnaMaria AndriotisWSJ Your Money Briefing · Interest Rates Are Falling. Why Aren't Credit Card Rates? · 3:45 · Oct 2019
…So it's prime rate plus margin equals APR.…
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AnnaMaria AndriotisWSJ Your Money Briefing · Interest Rates Are Falling. Why Aren't Credit Card Rates? · 3:29 · Oct 2019
…So the credit card APR, or the annual percentage rate that people pay, it is based on the prime rate, which tends to move in tandem with the Fed's rate increases and rate cuts, plus the margin that lenders set.…
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