Sentences with phrase «average subprime card»

Among the 100 cards tracked by CreditCards.com, the average subprime card advertises a maximum rate of 24.52 percent.

These cards are far superior to the average subprime card that offers higher rates and no rewards.

Not exact matches

The average credit card interest rate is near 16 % as of this writing, with cards catering to subprime credit averaging over 23 % APR..

By comparison, the average APR for subprime credit cards — which are generally offered to consumers with severely damaged credit — clocks in at 22.86 percent.

For the average credit card issuer, the choice between a prime borrower and a subprime borrower is equally clear.

The BankAmericard Secured Credit Card is an average credit card for people with subprime credit scores (below 6Card is an average credit card for people with subprime credit scores (below 6card for people with subprime credit scores (below 600).

Add in an APR that's only competitive when compared to subprime credit cards (or other store cards), and the Belk ® Rewards Card starts to look a lot less appealing to the average consumer.

Those rates are notable, in part, because they are even higher than the average maximum rate for subprime credit cards.

Meanwhile, the average credit limit for a subprime card account fell 1.1 percent to $ 2,547.

The rate hike caused the average APR for subprime cards to increase to 22.73 percent.