1. Oct 3, 2000 #1
   

   Cwood Guest

   What exactly is an APR?

    

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3. Oct 3, 2000 #2
   

   Momof3 Well-Known Member

   Annual Percentage Rate

    
4. Oct 3, 2000 #3
   

   Chet Well-Known Member

   apr is Annual Percentage Rate. The percentage of interest that you will be charged on any balance that you carry on a credit card.
   
   example: 14.9% APR on a balance of $1,000 would be $149 a year.
   
   hope this helps,
   
   chet

    

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