How do financial institutions justify increasing credit card interest rates, which can be as high as 15%? Are these rates unique to Canada? You obviously can't give me a yes‑or‑no answer. I would therefore ask you to explain it to us.
Simon-Pierre Savard-Tremblay Bloc Saint-Hyacinthe—Bagot, QC
How do financial institutions justify increasing credit card interest rates, which can be as high as 15%? Are these rates unique to Canada? You obviously can't give me a yes‑or‑no answer. I would therefore ask you to explain it to us.
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