What is the limit of interest rates credit card companies can charge
consumers?

Steve B wrote: What is the limit of interest rates credit card companies can charge consumers?
None

As a practical matter, in many cases there isn't.

Some "payday loans" charge interest rates over 1,000% per year. Credit card
debt has rates up to 48% (although most major cards top out at 29%).

Take care.

Brett Weiss
lawyer@brettweiss.com
www.brettweiss.com

Justice consists not in being neutral between right and wrong, but in
finding out the right and upholding it, wherever found, against the
wrong. —Theodore Roosevelt

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The Small Print: This response is for discussion purposes only. It isn't
meant to be legal advice and you shouldn't treat it as such. If you want
legal advice, speak with a local lawyer familiar with your state's laws who
can review *all* of the facts and the law applicable to your situation.
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"Steve B" <mrjazzy2002@yahoo.com> wrote in message
news:mrjazzy2002-69A805.19130825102005@newsclstr02.news.prodigy.com ... What is the limit of interest rates credit card companies can charge consumers?