APR explained in simple terms for everyday borrowers. Learn how annual percentage rates affect loans and credit card payments.

You may have seen the term “APR” while shopping for auto loans, mortgages or credit cards. It stands for “annual percentage rate” and describes the yearly cost of carrying an unpaid balance in various ...

The interest rate on your credit card determines how much you’ll pay if you carry a balance. Interest rates vary across different types of cards, but your credit score is a major factor in setting ...

A brief history of credit card debt.

They have gotten even steeper in recent years ...