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APR, or annual percentage rate, is a measure of the cost of credit, including the interest rate and additional fees. It is expressed as a percentage and is typically higher than the interest rate alone. The interest rate is the cost of borrowing money, expressed as a percentage of the loan amount. It is the rate at which interest accrues on a loan and is usually lower than the APR. In summary, APR includes the interest rate and other fees, while interest rate is just the cost of borrowing money.