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Teaser rate definition – Credit Card Glossary – CreditCards.com – Teaser rate Also called the introductory rate, the teaser rate is the annual percentage rate charged by the credit card issuer during an initial period. The Credit CARD Act of 2009 requires that introductory periods must last at least six months.
What Is a Teaser Rate? – Financial Web – finweb.com – The teaser rate will be much lower than the average interest rates that are currently available in the market. The interest rate will only be in effect for a few months in most cases. After that point, the interest rate will climb to a market interest rate that is generally much higher. Teaser rates have come.
What is a Teaser Rate? – daniellesellspa.com – In addition to teaser rates for mortgages, there are alsorates, and is it a good idea to transfer balances from high-interest cards to those with low teaser rates? As you’re probably aware, each time you apply for a new credit card, the credit company accesses your credit reports, and each time your reports are accessed.
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What Is A Teaser Rate? – Bankrate.com – You may be tempted by a teaser rate on a credit card, but keep in mind it is only temporary. Bankrate’s Doug Whiteman defines the term teaser rate and explains how credit card issuers get new.
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What is Teaser Rate? definition and meaning – " The credit card offer from Big Billz Co. offered a ridiculously low 1% teaser rate, but the fine print detailed that unsuspecting customers would be signing on for a hike to 35% after the first six months.
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What is TEASER RATE – Black's Law Dictionary – teaser, teaser ad, prime lending rate, bank rate, nominal rate of interest, adjustable rate mortgage (arm), london interbank offered rate (libor), real rate of interest, below market interest rate, rate lock float down
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