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Interest Rate

What is an APR (and How Is It Different From an Interest Rate)? Annual Percentage Rate Document Credit

What is an APR (and How Is It Different From an Interest Rate)?

You may have seen the term APR while applying for a new credit card. It officially stands for Annual Percentage Rate. Whether you are a first-time credit card user or a long-time card holder, the term APR is one you need to understand. The term APR is often interchangeable with annual interest rates (AIR), though […]

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