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Tag Archives: interest fees
Annual Percentage Rate
APR is Annual Percentage Rate, was introduced under the Consumer Credit Act 1974, to ensure comparability of loans. It is the interest payable on amount borrowed as an annual rate charge. It is required to be published for all regulated loans. … Continue reading
Posted in Articles, Payday Informations
Tagged annual percentage rate, APR, cash advance, interest fees, payday lenders, Payday loans
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