what does apr mean in credit cards
what does apr mean in credit cards

what does apr mean in credit cards

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APR stands for Annual Percentage Rate. It is the interest rate incurred by credit cardholders on their outstanding dues if they fail to pay their bills in full. In simpler terms, it can be referred to as credit card interest rate. Card issuers prefer to mention both the monthly interest rate and APR in the terms and conditions document. credit cards retail

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