annual percentage rate


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annual percentage rate

n
(Banking & Finance) the annual equivalent of a rate of interest when the rate is quoted more frequently than annually, usually monthly. Abbreviation: APR
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The average amount of consumer credit (both below and above EUR 290) was EUR 680 (compared to almost EUR 540 the year before), the average annual percentage rate of charge fell from 77 per cent to 60 per cent, while the average interest rate from 46 per cent to 38 per cent.
Toyota Motor Sales (TMS), USA Incorporated, a subsidiary of Toyota Motor Corporation (NYSE: TM) (LSE: TYT) (TYO: 7203), has introduced its Annual Percentage Rate (APR) programme for select Toyota Certified Used Vehicles (TCUV).
In addition, we examined if there have been any changes in the annual percentage rate of change during the same period.
The 2002 revisions to Regulation C require lenders to collect and report data including loan pricing information (the rate spread between the annual percentage rate on the loan and the yield on Treasury securities of comparable maturity); whether the loan is subject to the Home Ownership and Equity Protection Act; whether manufactured housing is involved; whether the loan is secured by a first or subordinate lien on the property; and certain information about requests for preapproval.
In 2003, District of Columbia Commissioner of Insurance and Securities Regulation Lawrence Mirel told participants in a legal seminar that the complaints cited failure to provide an annual percentage rate for these fees as an unfair trade practice.
9 percent annual percentage rate (APR) and includes an introductory rate of 0 percent on cash-advance checks and balance transfers until April 2005, credit lines of up to $100,000 and more.
The RAL's annual percentage rate can be as low as 70 percent or as high as 700 percent.
has just reduced the interest rate on their National Board Certification Loan to an annual percentage rate (APR) of 6.
Union State Bank offers both regular and Gold Visa and MasterCards with a special low annual percentage rate that is good for one full year after the account is opened on new purchases and balance transfers.
The OFT's complaint arises out of credit card companies' practice of using the term annual percentage rate (APR), which refers to charges for the lifetime of the credit agreement, to describe introductory offers.
The list includes falsifying a permit application, inaccurate disclosure of annual percentage rate on deferred presentment agreements and renewal of a deferred presentment option transaction.

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