Personal Finance Basics – Do You Know What APR Means?
March 12, 2010
Have you looked at the ads for credit cards? If you have with even minimal attention you will know that one of the most prominent things they display is the APR, or the credit card rate. Lots of people simply choose the card with the lowest APR rate, which is a good first step. It is correct that the APR of your credit card is one of the most important factors you should consider when choosing your card (although it is not the only one). So, if you don't understand the APR you really should start improving your personal finance basics by gaining a proper understanding of them.
Original Source: http://ezinearticles.com/?cat=Finance:Credit
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