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interest rate banks charge their best customers
What else can I help you with?
Where can one find out what the prime rate is on any given day?
One can find out what the prime rate is on any given day by going to the Fed Prime Rate website. The website has up to date information on what the prime rate is.
Is LIBOR normally higher or lower than the US prime interest rate?
It is normally higher than the US prime interest rate.
How do credit card companies determine their APRs?
apex. prime rate + credit history
How are prime interest rates determined?
The Federal Funds Rate, which is the interest rate banks charge each other, is determined eight times a year by the Federal Open Market Committee (FOMC). The prime interest rate usually runs about 3% above the Federal Funds Rate.
What is prime APR?
APR stands for Annual Percentage Rate or percentage of interest a company charges you on a 12 month basis for a balance on their card.
Where can one find out what the prime rate is on any given day?
One can find out what the prime rate is on any given day by going to the Fed Prime Rate website. The website has up to date information on what the prime rate is.
Where can I find what the prime rate is?
You can find what the prime rate is by talking to experts. You could also find out what the prime rate is by talking to friends and family to see if they know anything.
What is the prime interest rate and how does the average bank customer fare in regard to the prime interest rate?
The prime rate is the rate that a bank charges its most creditworthy customers. The average customer can expect to pay one or two percent (or more) above prime.
How would I find the prime rate?
To find the prime rate by going to the Wall Street Journal's website. Its website publishes the most recent prime rate. The Wall Street Journal also predicts the rate.
What is Difference between Base Rate and prime rate?
The prime rate is the rate at which the central bank lends to the commercial banks whiles the base rate is the rate at which the commercial banks lend to the public
What is the symbol for Voya Prime Rate Trust in the NYSE?
The symbol for Voya Prime Rate Trust in the NYSE is: PPR.
How do you calculate prime lending rate?
Prime lending rate can be calculated by adding 300 basis points to the Federal Funds Rate, assuming you live in the U.S.
If the cpi rises what happens to prime rate?
If the CPI or Consumer Price Index rises the prime rate will stay the same, but may be adjusted to reflect the state of the economy. An instant rise in the CPI does not equate to an instant rise or decrease in the prime rate. The prime rate is adjusted after several economic factors are reviewed.
Should I look into prime lending rate?
The prime interest rate is the lowest rate charged, so if you're borrowing money at a prime rate, you're getting the best possible deal. Getting a prime rate is usually reserved to very trustworthy borrowers. It it's something you're interested in, it would certainly be worth getting more information.
Where could one find the US Prime Rate?
One can find the current US Prime Rate at several online sites. Some of the online sites that list the US Prime Rate are "Bankrate", "Wikipedia", and "Fedprimerate".
What is the PLR rate of bank for home loan?
prime lending rate
What is the lowest interest rate banks can offer called?
Prime Rate -A+
