APR, (which stands for annual percentage rate), is an important factor when deciding what credit card you want to sign up for. Specifically defined, APR is simply the rate of interest you will be charged by your credit card company. Credit cards offer a variety of approaches to APR. Some will offer you a fixed-rate APR, so youll be paying at a particular interest rate for the whole time you have a balance. Others will offer you an introductory APR. You start off with a very …
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