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Low Interest Credit Cards News

Record low interest rates on cards (Express and Star)

Fresh gloom was predicted for millions of pensioners and savers this week with interest rates set to hit a record low as the Bank of England grapples with a deepening recession. The Bank’s official rate has never fallen below the current two per cent in … [visit site to read more]

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Popular credit cards’ interest rates decline for second straight week (Tacoma News Tribune)

The average annual interest rates charged on popular types of credit cards fell again last week, according to Bankrate.com . For low-interest cards, which have rates below the national average but are often offered only to customers with strong credit histories, the average APR declined to 11.33 percent, from 11.42 percent the week before.

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Local credit scores dropping (The Cincinnati Enquirer)

Area consumers appear to be having a tougher time getting credit, an analysis conducted for The Enquirer has found. The shift is happening when some consumers are trying cash in on historically low mortgage rates while others are being forced to use credit cards to survive the recession. It's also occurring at the same that banks and other lenders are tightening lending standards.

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The evolution of credit cards (Bankrate.com via Yahoo! Finance)

The credit card craze started in the mid-20th century and never let up. Upcoming changes promise a bright future.

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Low Interest Rates Spurring Refinancing Rush (ABC 2 Baltimore)

Mortgage rates are at an all time low and that's spurring many homeowners to lock into a lower rate.

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