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I am Spanish and I got lost in translation, from the rest of the comments and a quick search this is when borrowing money; I thought it was a different kind of
by franciscop 10y ago
I am Spanish and I got lost in translation, from the rest of the comments and a quick search this is when borrowing money; I thought it was a different kind of fee (:
Edit: I misunderstood it since "Annual Percentage Rate" seems like just a group of English words together when it actually has a special meaning in economy
- chris_7 10y agoIt's the interest rate you pay if you do not pay off your credit card in full every month, but you should always pay off your credit card in full every month, so it doesn't actually matter.