How Expensive is Credit Card Interest? (A Very Simple APR Explanation)

Name: How Expensive is Credit Card Interest? (A Very Simple APR Explanation)
Uploaded: 2024-10-14T09:49:14.596Z
Duration: 3 min 9 s
Channel: Financeadil Max
Description: Credit card interest can be a bit complicated, but the basics shouldn't. This video simply proves that interest rates are annual, not monthly. A lot of credit card users think the interest rate is charged each month and this is not true.

Financeadil Max

3 Video Views·Oct 14, 2024

Credit card interest can be a bit complicated, but the basics shouldn't. This video simply proves that interest rates are annual, not monthly. A lot of credit card users think the interest rate is charged each month and this is not true.

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