As you listen to discussions about home mortgages on T.V., shuffle through credi…
As you listen to discussions about home mortgages on T.V., shuffle through credit card offers you have received in the mail, or contemplate taking out a payday loan, you will no doubt be inundated with talk of APR’s. APR’s are a major factor in any financial decision, and whenever making a transaction they should be seriously and thoughtfully considered. But what exactly is an APR?

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