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How Often Do Credit Card Companies Change Variable APRs?

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Manage episode 361992557 series 3463462
Content provided by Shivansh. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Shivansh or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Credit card companies can change variable APRs at any time, as they are determined by adding a fixed margin to a benchmark interest rate that can fluctuate based on market conditions. There is no set schedule or frequency for these changes, although they are typically more likely to occur in response to changes in the economy or market conditions. Read More: https://akhilamtech.blogspot.com/2023/04/how-often-do-credit-card-companies.html

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19 episodes

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Manage episode 361992557 series 3463462
Content provided by Shivansh. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Shivansh or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Credit card companies can change variable APRs at any time, as they are determined by adding a fixed margin to a benchmark interest rate that can fluctuate based on market conditions. There is no set schedule or frequency for these changes, although they are typically more likely to occur in response to changes in the economy or market conditions. Read More: https://akhilamtech.blogspot.com/2023/04/how-often-do-credit-card-companies.html

  continue reading

19 episodes

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