What is Credit Card APR?
November 28th, 2007The APR you will be offered on a credit card is based partly on your credit history. Unfortunately this means that if your credit history is very poor you will be penalised, and a card issuer will usually only be willing to offer you a credit card at a very high APR, as you will be considered a high risk for lending their money to. Conversely though, a good credit history puts you in a much stronger position for shopping around and getting a good deal.
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