Interest rates on credit cards tend to be lower than most other forms of consumer credit.

Name: Interest rates on credit cards tend to be lower than most other forms of consumer credit.
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Interest rates on credit cards are typically higher than most other forms of consumer credit, such as personal loans or home equity loans. This is because credit cards are unsecured revolving loans, meaning there is no collateral to secure the loan and the lender is taking on more risk.

Interest Rates on Credit Cards Tend to Be Lower Than