If the ~normal~ APR on Grumbles cards was 28%, that would indeed be horrifying.
28% – or close to it – is usually the penalty rate credit cards. Which is pretty durned high.
It’s like throwing a drowning person a life preserver made out of lead. It’s an excellent way to keep people drowning in debt permanently in that state.
If the ~normal~ APR on Grumbles cards was 28%, that would indeed be horrifying.
28% – or close to it – is usually the penalty rate credit cards. Which is pretty durned high.
It’s like throwing a drowning person a life preserver made out of lead. It’s an excellent way to keep people drowning in debt permanently in that state.