Legal rate of interest on credit cards

11 V.I.C. § 957 — under Interest and Usury.

11 V.I.C. § 957

Notwithstanding any other provisions of law to the contrary, the rate of interest charged by a “card issuer” of a “credit card”, as such terms are defined by 15 U.S.C., § 1602, shall be governed by laws of the state of incorporation of the card issuer.