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4 January, 19:50

How might APR affect a consumer's choice of which credit card to choose?

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  1. 4 January, 22:53
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    APR stands for Annual Percentage Rate. It is the interest rate.

    APR can be fixed pr can fluctuate. This fact affect a consumer's choice of which credit card to choose. With a fixed-rate card, the consumer knows what the interest rate will be from month to month, while a card with a variable rate can fluctuate.
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