Annual Percentage Rate of Charge

From Open Risk Manual
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

Definition

The Annual Percentage Rate of Charge expresses the total cost of the credit to the consumer as an annual percentage of the total amount of credit.

See Also

Retrieved from "https://www.openriskmanual.org/wiki/index.php?title=Annual_Percentage_Rate_of_Charge&oldid=24794"
Creative Commons Attribution-NonCommercial-ShareAlike
Powered by MediaWiki