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APR vs. interest rate: What’s the difference?
The interest rate on a mortgage indicates how much interest you’ll pay for the amount you borrow. The annual percentage rate (APR) is the interest rate plus additional fees and any points. Interest ...
All credit cards come with more than a few moving parts. Among them is an annual percentage rate, or APR — the cost of borrowing money using the card. However, the tricky thing with credit cards is ...
Jake Safane has nearly 15 years of journalism and marketing experience on topics ranging from local entrepreneurship to international banking. He has written for publications such as The Economist, LA ...
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The Fed Didn't Touch Interest Rates, but Your Credit Card APR Could Still Go Up. Here's Why
The Federal Reserve held interest rates steady for its third consecutive meeting on Wednesday, so don't expect lower interest rates on your credit cards anytime soon. But amid the looming impact of ...
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