Discussion in 'Credit Talk' started by Cwood, Oct 3, 2000.

  1. Cwood

    Cwood Guest

    What exactly is an APR?
  2. Momof3

    Momof3 Well-Known Member

    Annual Percentage Rate
  3. Chet

    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,


Share This Page