"We also tested it at 23%, 33%, 45%, but 59.9% is the one that shows the best performance and where the organization can market the product."

A new growing demand for credit cards that people with poor credit qualify for has lead to over 700,000 people willingly signing up for a cards with a 59.9% or 79.9% APR!!! Many of them have already defaulted after running up their balances. This kind of madness will engineer yet another economic collapse and it is happening right before our eyes and not only is it legal, it is encouraged! money.cnn.com