what is apr in credit cards

Name: what is apr in credit cards — what is apr in credit cards
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The interest rate is the percentage charged on the principal loan amount. In the case of a credit card, that loan amount would be the card balance. Compared with the interest rate, “APR is a broader measure of the cost of borrowing money,” according to the CFPB. It includes the interest rate plus other costs, such as lender fees, closing ... everyone is lonely sometimes

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