On a credit card, what is the meaning of the acronym APR?

[alexx]

It’s helpful to know what APR definition means before getting a credit card. APR stands for Annual Percentage Rate and is often used to refer to the annual cost of borrowing. If you’re looking for the term APR on credit card, it’s referring to the interest rate that could apply if you carry a balance. Knowing the meaning of APR credit card terms can help you better understand the terms of credit card agreements.

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