Credit Card Interest Rates from the Beginning

The idea of credit has been around for a while now – over 200 years actually. But credit cards are a relatively new idea. The first ones began appearing in the 1940’s and actually charged no interest (imagine that?).

It wasn’t until the 1950’s that actual revolving balances and interest rates were born.  Ten years after that the credit card wars began for real. It’s all been down-hill from there.

Find out more about credit card interest, how it was born and how it’s evolved by reading my article on Hubpages:  “A Brief History of Credit Card Interest Rates.”

You can also find a great selection of information about credit cards on Amazon.com.Amazon has many books in several different price ranges – and they have great shipping options too.

Click Here To See Some Suggested Reading About Credit Cards!