Nearly 50% of americans unaware federal interest rate hikes raised their credit card apr by over 5 percentage points

San francisco , aug. 13, 2024 /prnewswire/ -- lendingclub corporation (nyse: lc), the parent company of lendingclub bank, america's leading digital marketplace bank, has released new data revealing a surprising lack of consumer awareness regarding the true cost of their credit card debt in today's high interest rate environment. lendingclub conducted a national survey of 1,013 consumers from may 13 to may 21 to understand the trends and opinions on credit card usage and debt management.
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