It’s important to understand the distinction between the annual percentage rate (APR) and interest rate when financing your property with a mortgage or taking another kind of loan. Both detail the ...

If you own a credit card, you’re well aware that you’ll incur interest charges should you fail to pay off the balance by the due date. It’s super easy to find out the interest rate on your card. Just ...

The interest rate on a mortgage indicates how much interest you’ll pay for the amount you borrow. The annual percentage rate (APR) is the interest rate plus additional fees and any points. Interest ...

Dana George has a BA in Management and Organization Development from Spring Arbor University. For more than 25 years, she has written and reported on business and finance, and she's still passionate ...