Christopher Clarke
Christopher Clarke
associated charges fully interest levels paying percentage rate results store taken
At the same time, consumers' sensitivity to APR (annual percentage rate interest rate) levels and other charges is low. Taken together, this results in store cardholders who take up credit, and associated insurance, paying more than they would in a fully competitive market,
card credit insulated providers retailers store
Retailers and store card credit providers are, we have found, effectively insulated from competitive pressures.
card consumer credit features market providers retailers store
There are features of the store card market that effectively insulate retailers and consumer credit providers from competitive pressures.