credit card interest rates to 2 decimal points?

anotherpaul_2

The FSA guidelines for mortgages and home finance products say:
"You must state the APR to one decimal place"
(see http://www.fsa.gov.uk/Pages/Doing/Regulated/Promo/rules/mcob/index.shtml section 3)

I suspect the same is true for credit cards, but I can't find a reference.

"Must" is a strong word, so I'd go for "No" as the answer to the question.

POSSETTE

nzseries1 wrote: »

Really? Then I better start ringing all my CC companies !!!!

thanks...you just made me spit coffee out with laughing!!:rotfl:

to original poster..sorry for any derision in our answers,but we get these threads everyday,and normally it is someone trying to get out of paying for what they gladly spent...we obviously couldnt contain ourselves,judging by our answers:rolleyes: