APR vs Interest Rate Explained Simply: The Hidden Cost Banks Don’t Want You to Notice
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YouTubeJUICY FINANCE
APR vs Interest Rate Explained Simply: The Hidden Cost Banks Don’t Want You to Notice
Most people think a low interest rate means a cheap loan—but that’s not always true. The real cost of borrowing is often hidden in one number: APR. In this video, we explain the difference between APR and interest rates in simple terms, so you can avoid costly mistakes when choosing loans, credit cards, or mortgages. You’ll learn how ...
3 views1 day ago
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