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Cryptocurrency Q&A How does a bank lender or credit card company decide how the interest rate they will charge you for borrowing money?

How does a bank lender or credit card company decide how the interest rate they will charge you for borrowing money?

Wed Jan 08 2025 | 5 answers 1241
I want to know how a bank or a credit card company determines the interest rate they'll charge me when I borrow money from them. How does a bank lender or credit card company decide how the interest rate they will charge you for borrowing money?
bank lender credit card company interest rate decision

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