Meaning of the word: APR
APR means Annual Percentage Rate. Is the most important indicator of bank loan. Thanks APR client finds out if the loan is convenient and he also can calculate amount of his monthly payments. The APR is included as interest, as well as all of the fees that must be paid to the bank in order to meet the conditions.back to dictionary >
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The interest rate is a percentage increase of the debt for a period. The interest rate is usually fixed for one year. Interest is a reward for the…go to the dictionary >
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