What questions should I ask lenders about APR? What is the nominal APR?
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what is apr Informational
- What are the advantages and disadvantages of each type of loan in terms of APR flexibility and other features?
- What are the trade-offs between shorter and longer loan terms? How does the APR on a variable-rate mortgage compare to a fixed-rate mortgage?
- What are the fees and risks associated with these types of loans?
- How do balance transfer fees affect the overall cost and APR?
- How does the financing for funeral costs compare to other types of short-term loans?
- How are interest rates and repayment terms typically structured on crowdfunding platforms? What is the APR on a pawn shop loan?
- What are some common projects that HOAs might need to finance?
- What are the legal aspects of chattel mortgages? How does the APR on a subscription-based lending service compare to traditional loans or credit cards?
- When is a fixed APR more suitable? What is a promotional APR?
- What role do letters of credit play in facilitating global commerce?
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