GLOSSARY

Active account Adjusted balance Adjustment Affinity Card Alias Amortization Annual Fee Annual Percentage Rate (APR) Application fee Asset ATM Automatic Payment Automatic Transfer Available credit Available Credit Average daily balance
GLOSSARY TERMS by Alpha
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Annual Percentage Rate (APR)

The cost of credit expressed as a yearly rate. The APR includes the interest rate, points, broker fees and certain other credit charges that the borrower is required to pay.

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