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APR vs. Interest Rate: What You Need to Know

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Fundera by NerdWallet

If you’re shopping for small business loans, you might become confused by all the terminology that gets thrown your way. Two terms that are particularly misunderstood are APR vs. interest rate. In this video, we'll explain the difference between APR vs. interest rate, and tell you which is more important when considering the cost of borrowing money. For our complete guide, visit: http://bit.ly/2YLKgIm

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posted by levring0x