The facts in Lending Act of 1968 mandated that lenders disclose the APR they charge to borrowers.

The facts in Lending Act of 1968 mandated that lenders disclose the APR they charge to borrowers. What’s a apr (APR)? The word “annual portion price (APR)” identifies the yearly interest rate charged to borrowers and paid to investors. APR is expressed as a portion that represents the particular annual price of funds on the… Continue reading The facts in Lending Act of 1968 mandated that lenders disclose the APR they charge to borrowers.