Frequently Asked Questions

  1. Home
  2. FAQs
  3. Interest and Fees
  4. What does APR mean?

What does APR mean?

You’ll see the term ‘APR’ everywhere that talks about borrowing money.

APR stands for

  • ‘Annual Percentage Rate’ and it shows
  • How much interest is charged over the course of a year

Comparing the APRs can be a way of comparing one loan against another, but to get a more accurate comparison between loans, look at their Representative APR.

 


> Compare all lowest rate loans <