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18 September, 20:42

What does the annual percentage rate on a credit card determine?

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  1. 18 September, 22:59
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    A credit card's interest rate is the price you pay for borrowing money. For credit cards, the interest rates are typically stated as a yearly rate, called the annual percentage rate (APR). On most cards, you can avoid paying interest on purchases if you pay your balance in full each month.
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