Credit cards: interest rates hit a record high
(The Guardian Business News)

Customers who don´t pay off their bill in full each month face an average charge of 24.7% this monthInterest rates may have fallen to the point they have gone negative at some European banks, but that seemingly hasn´t stopped credit card providers shamelessly upping the interest they charge customers who don´t pay off their bill in full each month.According to data website Moneyfacts, the average rate (APR) for those making credit card purchases hit an eye-watering 24.7% this month - the highest since the company started charting the figures back in 2006. Continue reading...