UK Finance Glossary
APR Meaning
APR means annual percentage rate and helps compare borrowing costs.
Meaning
APR is the annual percentage rate used to compare borrowing costs. It is especially important for credit cards and loans because a higher APR can increase total interest and repayment time.
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Updated for UK context
Content is written for UK finance searches, including UK tax years, lending terms, ISA rules, APR, and repayment assumptions.
Financial assumptions explained
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