What is the major purpose of having the APR stated?
a. to increase the cost of lending money
b. to make it easier to compare the cost of credit
c. to make it easier for consumers to get loans
d. none of the above
Answer: B
What is the major purpose of having the APR stated?
a. to increase the cost of lending money
b. to make it easier to compare the cost of credit
c. to make it easier for consumers to get loans
d. none of the above
Answer: B
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.