The APR, or Annual Percentage Rate, of a loan is the amount of interest you’ll be charged in one year for that loan. The APR is determined by the interest rate for your car loan. It also includes fees ...
You will often see the acronym ‘APR’ used in car advertising. It stands for ‘Annual Percentage Rate’ – in other words, the total cost of borrowing a certain amount of money for 12 months. The APR ...
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