Is Your Bank’s EPP Offer Actually a Good Deal? How to Calculate the True Cost of Conversion Before You Agree
Article Summary A credit card EPP advertised at 0.88 percent per month carries an effective annual interest rate of approximately 19.2 percent, which is comparable to the revolving rate it replaces and significantly higher than a personal loan available at 8 to 10 percent flat per annum. The gap between the advertised flat monthly rate […]