World Credit Card Rates
|Country||Inflation||GDP||Population||Interest Rate||Change||Currency||Last Updated|
|United Kingdom+Follow||2%||34,388||64,105,654||5.94%||-||GBP||Dec 2016|
|United States+Follow||1.5%||45,934||319,094,000||6.99% - 14.99%||-||USD||Dec 2016|
|South Africa+Follow||5%||10,229||54,002,000||10.50%||-||ZAR||Dec 2016|
Credit cards are short term financing products offered by banks and companies for its customers worldwide. The credit card interest derived from the use of the card is the principal way these companies generate revenue from the product. While they may offer secured credit cards, in general credit cards offered typically are unsecured and therefore attract a higher interest rate and are more riskier then either a auto loan or home loan whch are secured by collateral.