You may have seen the term “APR” while shopping for auto loans, mortgages or credit cards. It stands for “annual percentage rate” and describes the yearly cost of carrying an unpaid balance in various ...
This article discusses President Donald Trump's recent call for a one-year cap of 10% on credit card interest rates and the reactions from Wall Street and financial analysts.
First-time credit card users must ensure they understand the fee structure and all the miscellaneous charges, such as annual ...