Apr 15, 2014
8:07:37pm
8:07:37pm
One more thing: The APR takes the interest you'd pay over the life of the
loan (if you took the maximum term to actually pay off the loan and didn't pay it off early) and adds those fees to that dollar amount of interest, then divides it back into the loan amount to give you an "effective" interest rate.
Originally posted on Apr 15, 2014 at 8:07:37pm
Message modified by MantiCoug on Apr 15, 2014 at 8:12:46pm
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