Number of 0% credit cards plummets due to coronavirus

Number of 0% credit cards plummets due to coronavirus

Number of 0% credit cards plummets due to coronavirus

Banks are withdrawing 0% credit cards as they worry about borrowers defaulting

Stephen Little
Tue, 06/16/2020 – 12:26

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Credit card providers are rethinking interest-free offers due to the coronavirus pandemic, effectively raising the cost to the consumer of many everyday purchases.

The average purchase APR is now at a…

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