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by Elijul on October 13th, 2009

Elijul

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Currently I have a credit card that has a apr of 25.24%. They are changing my APR to the "Index" whatever that is + a margin of 16.74%. What is the Index and will this be a better apr than i had before or worse?

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  • by qwerty on October 13th, 2009

    qwerty

    the index is prime rate
    whatever it is now
    it shoulod be in the documentation you have
    + 16.74 %
    sounds outrageous to me

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