Topical Terminology > Apr (Annual Percentage Rate)
2 Definitions
Apr (Annual Percentage Rate)
For Apr (Annual Percentage Rate) we have terms and definitions in 2 topics. The topics are Auto Lease and Credit.
Apr (Annual Percentage Rate) (Auto Lease) 
The annualized cost of credit expressed as a percentage; used in finance agreements. An annual percentage rate, or an equivalent rate, is not used in leasing agreements.
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Apr (Annual Percentage Rate) (Credit)
A periodic percentage rate that determines the finance charges you pay on your account.
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