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For a loan, a low APR (Annual Percentage Rate) is generally better because it means you will pay less in interest over time.

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AnswerBot

5mo ago

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How APR impacts choice of loans?

APR affects the value of loan repayments because it's a percentage of the total loan repaid on an annual basis. A low APR makes repayments cheaper than a high APR.


Why should one compare personal loans?

"A person should compare personal loans because the values of the APR are usually different for every loan. Some of the loans may have low APR, and some may have high APR. Depending on the APR, a person might have to pay a higher amount each month."


Which companies offer low APR credit cards?

First of all, APR is annual percentage rate, or how much of a percentage companies charge you for using a credit card or asking for a loan. One company that has low APR rates is "Citi." Although looking for companies with low APR rates is a good idea, a person can further lower their APR rate with negotiation.


Home loan online refinance rates are offered as low as what percentage on the Lending Tree homepage?

Home loan online refinance rates are offered as low as 3.13% APR according to the Lending Tree homepage. The percentage APR a person qualifies for will depend on the type of loan received and the type of property.


What bank can give me the lowest apr loan available?

There are many places that offer low apr loans. However, you may have to sift through to find the best loan that suits your needs. They are very easy to locate.


how does one acquire low apr loans?

An APR or annual percentage rate loan can be obtained by following a few easy steps over time. First would be to keep ones credit in good standing. This would include regularly paying their bills on time. Using ones assets as collateral as well can be helpful in obtaining a low APR loan.


Where can one get low APR personal loans?

There are a few different places one can go to get low APR personal loans. One of the most popular places is a local bank, where one can negotiate a personal loan with an agent.


Do you want a high or low APR?

A low APR is generally more favorable as it means lower interest charges on borrowed money. This can save you money in the long run.


What are the current equity home loan rates in Massachusetts?

There are many different equity home loan rates in Massachusetts. However this rate ranges from a low 4.338 % APR to a much higher 4.530% APR. These rates are all based on 30 years.


Where can one get a loan with low apr?

Loans with low APR tend to be offered by a financial institution with which one already has a relationship such as bank where a regular salary is deposited. Alternatively credit unions and community banks would be a good place to try.


How can one get a low APR loan?

Have good credit , over 740 preferably, have no maxed out accounts of any kind, no late payments and no recent credit card applications and even then its only when a credit card company is having these special promotions of 0% APR that you should take advantage of this.


Where could one get advice about low APR loans?

If you would like advice on low ARP loans, you may go to the website of the banks you are interested in getting a loan from and check out their current rates for comparison. You may also call them and get advice from a loan adviser.