What are the challenges in accurately calculating and comparing APRs for microloans? How does the APR on a government-backed loan program (e.g., SBA loans) typically compare to market rates?
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what is apr Informational
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- Can having a low debt-to-income ratio offset a less-than-perfect credit score in terms of APR? What is the APR on a private student loan compared to a federal student loan?
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