If you think interest rates are high in America.....

Brent · 11:39 PM

.....Brazil's Central Bank cut their interest rate this week to 12.75% and that is considered low! Think if the prime rate in America was that high we would see prime rate credit cards with interest in the mid-teens! Most of the world would kill to have the credit card APR rates that we have!

Cucumber · 12:03 AM

Yup may be but the average interest rate on credit cards in America is quickly catching up to these other third world countries. Does that mean America is now a third world country

At the rate we're going we may be heading there

11:39 PM	#1
Brent Green Member Join Date: Jan 2009 Location: Everett WA 98206 Posts: 1	If you think interest rates are high in America..... .....Brazil's Central Bank cut their interest rate this week to 12.75% and that is considered low! Think if the prime rate in America was that high we would see prime rate credit cards with interest in the mid-teens! Most of the world would kill to have the credit card APR rates that we have!

12:03 AM	#2
Cucumber Centurion Member Join Date: Apr 2008 Location: Zuma Posts: 456	Yup may be but the average interest rate on credit cards in America is quickly catching up to these other third world countries. Does that mean America is now a third world country At the rate we're going we may be heading there __________________ OBAMA Stop talking crap about him and give him a chance!

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