Étiquette : revolving

The Supreme Court has issued a ruling indicating that interest rates which are higher than 20% for deferred payment on revolving credit cards constitutes usury. This interest rate on revolving credit cards is considered by the Supreme Court to be disproportionate. The rate reaches 27% on occasion, and this is far and above what may… Poursuivre la lecture The Supreme Court declares that the interest rate on revolving credit cards constitutes usury