You’ve likely seen the term APR when shopping for a car loan or credit card. Short for annual percentage rate, APR gives you an idea of how much it’s going to cost you to borrow money. Knowing how to ...

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 ...

APR explained in simple terms for everyday borrowers. Learn how annual percentage rates affect loans and credit card payments.

APR considers up-front fees to reflect the true mortgage cost, not just interest rates. Calculating APR involves adjusting the loan amount by adding fees to find a new rate. Always compare APRs, not ...

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 ...

You may have seen the term “APR” while shopping for auto loans, mortgages or credit cards. It stands for “annual percentage rate” and describes the yearly cost of carrying an unpaid balance in various ...

What is APR in general? According to the Consumer Financial Protection Bureau (CFPB), the APR or annual percentage rate is the amount paid to borrow money. It’s also known as a credit card interest ...