The banks are raising their credit card interest rates to more than 24%
per annum and cash advance interest to 28% per annum or more. And the
perfect reason to do so, so long never raise, so it is a good
justification to raise.
No one is questioning whether 24% and 28% are very high interest rates
to pay. Of course it is still very low compare to the loan sharks. Would
anyone be saying
