APR - THE MOST IMPORTANT THING YOU NEED TO KNOW IN 2021 ABOUT YOUR CREDIT CARD

APR - THE MOST IMPORTANT THING YOU NEED TO KNOW IN 2021 ABOUT YOUR CREDIT CARD
▷▷ DESCRIPTION
Hey Guys,
In this video I go about one of the things people often miss about their credit card, while it is one of the most important to know. The APR, Annual Percentage Rate what most call Credit Card Interest.

APR stands for annual percentage rate, which simply means interest on some type of credit account. With a credit card, APR generally refers to the interest applied to your account during a given billing cycle. It most often comes into play if you carry a balance, but it can also apply to interest on charges or transactions including:
Late payments (penalty APR)
Cash advances
Balance transfers
Credit card holders should know how APR works, when it might apply to them and — perhaps most important — how good financial habits can help them avoid it.
https://www.bankrate.com/finance/credit-cards/what-is-credit-card-apr/

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▷▷ CONTENT
00:00 - Intro
00:35 - What is the APR ?
01:20 - Example
01:49 - Advice to you for 2021
02:14 - Outro

#APR #AnnualPercentageRate #CreditCard

Видео APR - THE MOST IMPORTANT THING YOU NEED TO KNOW IN 2021 ABOUT YOUR CREDIT CARD канала 2 Minutes Finance