As it becomes more costly for mortgage lenders to obtain money, they pass on their increased expenses to borrowers in the form of higher interest rates on mortgages and other kinds of credit. (valuepenguin.com)
I closed my account, not because of the high interest rate loans, but because of their rude customer service. (lendedu.com)
The savings are passed on to customers in the form of higher interest rates on savings and minimal fees. (mybanktracker.com)