Borrowing Basics
Why you didn’t get the advertised APR for your loan?
Or: why does my APR say 5000% when my lender says I repay 40 in every 100 pounds? Who’s right? Answer: They both are.
Or: why does my APR say 5000% when my lender says I repay 40 in every 100 pounds? Who’s right? Answer: They both are.