In one way or another, the new tax law passed by Congress in December 2017 will affect your taxes. But will it affect the annual percentage rate (APR) of your credit cards?
prime rate
How the prime rate impacts your credit card rate
Recent moves by the nation’s central bank have triggered a cascade of events that can spell big trouble if you own a credit card.
What is the prime rate?
You hear it mentioned all the time. But what exactly is the prime rate? The answer is both simpler and more complex than you think.