Interest Rates


Compare Car Loans ⇦ Interest Rates ⇨ Zero Percent Loans

APR v’s Flat Rate

It is a Legal requirement that all lenders quote the APR of a loan. This “Annual Percentage Rate” takes into account any setup charges (possible) and final charges (less likely) as well as the cost of borrowing the money. It usually works out at about double the “Flat rate” of the loan. It is supposed to make loans more “transparent” – but it doesn’t, in fact it rather complicates things because apart from comparing two loans’ APRs, it is difficult to do any other meaningful comparisons or calculations with the APR figure.

I cannot connect to the database because: Access denied for user 'naturala_guidedb'@'localhost' (using password: YES)