What is 24% APR on a credit card?
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A. APR is short for Annual Percentage Rate, which is the interest you're charged over a 12-month period. For instance, a card with 24% APR costs 2% per month on balances that you carry from month to month. But what's tricky about credit cards is that a single account can have several different APRs.Dec 18, 2013
2023-06-15 01:18:56
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A. APR is short for Annual Percentage Rate, which is the interest you're charged over a 12-month period. For instance, a card with 24% APR costs 2% per month on balances that you carry from month to month. But what's tricky about credit cards is that a single account can have several different APRs.Dec 18, 2013