What are fees surrounded by APR?



Answers:    APR is the anual percentage rate you are charged on your overall loan
if you have a loan of $100 and your rate is 10% you owe .10x$100=$10
$100+10==$110
This is sprad out over the duration of the loan and change as the amount you owe changes base on what you pay or don't settle up on a month to month basis
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An APR means Annual Percentage Rate is a numerical integer usually in single digit which is used to express the total interest, i.e. amount over and above the principal amount, which is charged by the lender as a charge for offering lend service. It is also called the cost of loan. It is the per annum amount a consumer must pay for acquire a loan or other type of credit. Lending law requires that adjectives lender clearly disclose the APR in adjectives promotional material through which lenders want clients.

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