Quote:
Originally posted by Carrie
Might I remind you that Visa is not a government entity?
It is a private sector business, and as such, it can charge whatever interest rates it wants to.
If they decided to charge 75% interest they could do it - it's their money that they're lending to customers to buy things with. They determine the amount it's going to cost you when you pay back that loan.
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WRONG, just plain wrong. Coming from banking and mortgage business for the last 27 years I will tell you to research and think before posting this non-sense