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In the lead-up to the Federal Reserve’s rate cuts, many major U.S. retailers and their
Over 50 companies, including Big Lots, Gap, Petco, Burlington, Macy’s, and TJX Companies, opted to increase the APRs on their credit cards between September 2023 and September 2024. This data was compiled by Bankrate.com after analyzing the top 100 retailers in the country.
One notable example is Big Lots, which
Other retailers such as Academy Sports and Michael’s also joined in this trend of raising APRs on store-branded credit cards during this period.
2024-11-22 07:05:03
Post originally published on www.cnbc.com
