Learn the key difference between APR and APY, including how each affects loans, investments, and interest calculations.

In the context of consumer lending, the APR takes into account more than the interest rate applied to the principal per period. Under the Truth in Lending Act, it has a specific definition and ...

A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...

However, many cards have a "variable rate" APR, meaning that your interest rate is subject to change monthly based on federal ...

This begs the question: What the heck does all of this APR mumbo jumbo even mean? BYU is over 930 so should we even care? Back in 2003, the NCAA implemented APR as a push to require schools to ...