Robert McKinley
Robert McKinley
credit environment hit looking sorts strain
We're in an environment right now where there's a lot of strain in the profitability of credit cards, ... Issuers are looking to hit you with fees and those sorts of things.
balance checks fee interest nineteen percent rate starts transfer
There are fees. You may have a balance transfer fee or a convenience fee, and the interest starts right away and the interest rate typically on those checks is very high. Nineteen percent or higher.