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Why some credit card APRs aren't coming down, even after a Fed rate cut

By CNBC   |   1 month ago
Why some credit card APRs aren't coming down, even after a Fed rate cut

The Federal Reserve's decisions impact credit card interest rates, which are the most expensive form of borrowing for many Americans. Despite Fed rate cuts, credit card APRs remain high, affecting millions of households with revolving balances.

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