It should be noted that credit card price also involves other elements, including annual fees, fees for cashadvances, rebates, minimum finance charges, over thelimit fees, and late payment charges. In addition, thelength of the interest free grace period, if any, and thetype of billing cycle can be important. Information onthese features was not available to include in the analysis;
however it is likely that APR is one of the primary searchcharacteristics for revolvers.
It should be noted that credit card price also involves other elements, including annual fees, fees for cashadvances, rebates, minimum finance charges, over thelimit fees, and late payment charges. In addition, thelength of the interest free grace period, if any, and thetype of billing cycle can be important. Information onthese features was not available to include in the analysis;however it is likely that APR is one of the primary searchcharacteristics for revolvers.
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