With Deal, Credit Card Interest Rates Staying the Same - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

With Deal, Credit Card Interest Rates Staying the Same

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REHOBOTH, Del.- With a deal in place to avoid the debt default, shoppers on Delmarva are relieved, especially with the holiday shopping season around the corner.

"People rely on their credit cards this time of year," said Amy Littleton.

According to financial experts, credit card interest rates would increase for millions of Americans in the event of a debt default.

"This is the time of year people get ready to shop at the outlets for the holidays," said Littleton.

However, with a deal in place, it seems credit card interest rates won't increase because of the federal government.

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