The Annual Percentage Rate (APR) shows you the interest you’ll pay on the money you borrow. It’s useful to compare the cost of credit between lenders. Lenders are required by law to show the APR of all their products.
Learn about annual percentage rate: how it works, the different types, and additional fees to keep in mind.
Find out how credit card issuers calculate the minimum payment, where to check it, and the effects of only paying the minimum.
What happens if you do? Uncover all you need to know about credit card limits.