What are the potential risks associated with financing the purchase of collectibles with high-APR loans?
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what is apr Informational
- Are there consumer protection agencies that deal with APR issues? How does inflation affect the real cost of borrowing when considering APR?
- What other factors are important besides APR? How does APR relate to the total cost of borrowing?
- What are the potential benefits of refinancing student loans?
- How does the interest rate on this type of investment-linked security compare to traditional fixed-income investments?
- What are the risks associated with investing in CLOs? How does the concept of APR apply to savings accounts or investments that pay interest?
- Is APR always a straightforward measure of cost?
- What are the costs associated with a reverse mortgage that are not reflected in the APR? How does the APR on a payday loan compare to traditional loans?
- How does nominal APR differ from effective APR?
- Are there regulations on the maximum APR that payday lenders can charge? What are title loans and what are their typical APRs?
- What is compound interest? How does compound interest affect APR?
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