The Credit Power Index
Consumers are getting the short end of the stick in their dealings with banks. But the pain isn’t felt equally across the country, and the rates you get on your certificates of deposit and home loans differ depending on where you live. We’ve pored through the data to determine which cities offer their residents the best rates.
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Credit Power Index: 18.83
It’s been a while since Detroit made a positive top 10 list, sadly. If there’s one upside to the city’s economic downturn, it’s that residents can now get very favorable rates on real estate loans, with great rates on home equity loans and adjustable-rate mortgages.
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