An APR By Any Other Name…

An APR By Any Other Name…

November 13, 2014

When we think of finance – commercial or personal – the first thing that comes to mind is cost, of course. However, there are upfront fees, completion fees, payment frequencies, variable rates and payment periods to confuse us. To solve this problem, financial gurus developed the concept of the APR – or annual percentage rate. The concept was first used to compare long-term mortgages and has remained a part of the lending world ever since.

Continue to read

Ask a lawyer a company law question Or request a lawyer callback

Invalid Email
Please tick the box to show that you have read and agree to our Privacy Policy.
Thank you for submitting your enquiry. A member of our team will be in touch with you very shortly.

The LawBite Team