Which Is The Better Lender – VISA Or A Bank?

By Investopedia. May 7th 2016

Credit. It's what separates us from the lower primates. With it, we're granted temporary access to other people's money; money we can use to finance aspirations greater than if we were limited to our own money. The lenders get interest, the borrowers get leverage and the economy grows. What's not to love? Without credit, capitalism would stagnate. 

But who to borrow from? There are thousands of institutions in the business of lending money, some even bear the imprimatur of the Federal Deposit Insurance Corporation. So it's just a case of going to whoever offers the lowest rate, right?

The answer is both yes and no, because "interest rate" is rarely a static concept. 

Read more here at Investopedia.com.

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