For others, the ongoing uncertainty of the markets is just too alluring to walk away from, especially with speculation
around interest rate hikes.
One of the ways lenders
get around interest rate regulations is by charging additional fees and service charges on top of the principal loan amount.
Acknowledging the hazard in making strong forward - looking predictions, Rhoderick is confident enough to say there's «more reason than not to suspect we'll be
hovering around these interest rate levels for a decent amount of time still.»
What's more, there's always a lot of
uncertainty around interest rate hikes, especially these days given how long it has been since the last sustained Fed tightening cycle.
For some applicants, especially those on the lower end of the «fair» category, the choice may come down to selecting a card that simply has a lower all -
around interest rate.