3 years ago

Why is the APR considered the most important factor to be mindful of in a car loan?

2 answers:

3 0

The correct answer is
A. The APR helps a customer determine the true cost of the loan, allowing them to compare many loans and choose the most advantageous one.

tester [92]3 years ago

3 0

Answer:

A. The APR helps a customer determine the true cost of the loan, allowing them to compare many loans and choose the most advantageous one.

Step-by-step explanation:

When choosing a loan, we have to consider the amount of interest we will pay. The amount we will actually pay for the loan depends on how high or low the interest rate, or APR, is.

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