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Understanding the Basics – The Repo Rate and Maximum Interest Rates

Understanding the Basics – The Repo Rate and Maximum Interest Rates

by Ryan O | Aug 27, 2015 | Credit Cards, credit rates, maximum interest rates, repo rate, Sarb

The Current Formula Most consumers aren’t aware of the crucial fact that, as the repo rate is hiked, maximum credit interest rates rise at an ever higher rate. As follows, if you thought credit rates would only be 0.25% higher, after the July repo rate hike, you’re in...
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