Credit card has 79 percent interest rate

A man got a credit card offer with a 79 percent interest rate. Seriously. No lie. Yes, I'm incredulous about it. I mean, have the credit card reforms hurt the industry so bad that it must charge 79 percent interest rates? There's a movement to get the next round of reforms moved to December instead of February.
Whatever happens, no 79 percent interest rates, please.
What's the highest credit card interest rate that you've ever had? Mine was 18 percent. That card didn't last long in my life. Too HIGH maintenance.
*Illustration courtesy of thepiggybanker.com
2 Responses to Credit card has 79 percent interest rate
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“the card comes with a $300 limit and a $75 annual fee”……you better off borrowing the money from family
I cannot remember the interest rate I had. The last time I had a credit card was almost 20 yrs ago. I do cash and debit only
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I missed one payment on my discover card and they jacked it up to 29.9%. Just awful. I called and begged them to lower it but they won’t.





moneymonk