Difference between revisions of "Annual Percentage Rate of Charge"

From Open Risk Manual
(Created page with "== 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. ==...")
 
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Latest revision as of 11:05, 14 May 2021

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