Home     About Us    Contact Us     Contribute     Privacy
Investing
Stocks
Bonds
Mutual Funds
Biz
Credit
Career
College
Economics
Tax
More
 
 
Marketplace
Related Articles
More
Related Categories
Tip of the Day

Tip of the Day Consider Community College or Online College For Your First Year or Two

Consider Community College or Online College For Your First Year or Two - If you are finding you need the education but don't have the funds, or want to take...

read entire tip

Related Podcasts
Recently Added
Other Great Sites
 

Apr Credit Card

APR stands for the annual percentage rate on your credit card. This is a specific amount of a fee you will be required to pay on a yearly basis. This isn't of course the only fee you will be paying on your credit card. Your charges and fees will consist of various interests that will only charge more interest if you do not pay your payments on time. It is absolutely vital for every individual to pay off their balances each and every month in order to steer away from a dangerous lump of sum that causes a lot of harm to consumers emotionally and financially. Keep in mind that all penalties and fees will be additionally summed up with your annual interest charges. Nothing is left uncharged in the credit card world, money is wanted everywhere and will be acquired in any fashion when necessary, or really even when unnecessary. Let us look at what an APR really is and how it can affect you as a consumer.

The APR can be charged and summed up differently from every bank. Some may have more charges some may have less. It is usually in the fine print of all your documents, be sure to read the intimidating fine print before you bring any pen to a paper and write down your signature. There are credit card companies that will charge you a fixed interest rate. This means that most likely your interest rate will remain identical to the previous one, however if it is subject to change you will receive a certain amount of days in notice in advance of course. On the other hand, there are companies that have variable interest rates. These rates change due to the generalities, ups and lows, of your credit card balance. There is a prime rate plus a small percentage that makes up your interest rate. Keep an eye out for the prime rates and the small percentage your credit card company charges you.

The APR is very well connected to you as a consumer. You are a credit card owner which makes you subject to being a credit card payer. You will have a certain history and credit score attached to you. Your APR will help determine your financial credibility as well. In summary, if you have a good credit card history, your APR will be much lower. In contrast, if you have a no credit card history or a bad one, your APR will be lower. The rates, plus the individual prime rate, can be from up to 3 percent to 30 percent.

Discuss It!

poker games online said:

Your article has demonstrated your tenacious work and experience you have in this field.

http://emoji-quiz.org/en/celebrity-answers said:

I need to express my vitality about your piece capacity and capacity to make perusers read from the most dependable starting stage to the end.

http://richestnetworth.org/clayne-crawford-net-worth/ said:

The same kind of care needs with regard to applied to barefoot jogging. Apply the steps I just suggested and will also be blessed with beautiful hair.

Most Popular Articles
Most Popular Definitions
 
Daily Definition

Definition of the Day E-Commerce

E-Commerce - This is a form of sales that takes place electronically. The most common means is on the internet or also through computer networks. This type of sale has become increasingly popular over the last few years. Such means has so many benefits to both the seller and the...

read entire definition

 
 

 

 

Home     About Us    Contact Us     Contribute     Sitemap

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Copyright © 2009 TeenAnalyst.com