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 ...
Natalie Campisi is a senior journalist who covers personal finance, balancing timely news with in-depth enterprise reporting. Her mission is to make complex financial issues clear and accessible for ...
In this article, we’ll go over the basics of APR–what it is, how to calculate it, and how to improve it — so that you can be an informed borrower. This video explains how APR works when applied to a ...
An annual percentage rate (APR) is the interest rate charged on loans. An annual percentage yield (APY) is the rate of interest earned on investments. Many or all of the products on this page are from ...