michael challiner
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APR, AER and EAR are terms used in financial advertising. What do they mean?
Have you ever scanned the acres of financial advertising and wondered what APR, AER and EAR really mean? You'll invariably find one or another of these terms in every advertisement for a lending or savings product. Well you're certainly not alone. The Financial Services Authority lays down the exact formulas for calculating APR, AER and EAR's. Every UK financial institution... (posted by michael challiner 6 years 15 days ago.)
Have you ever scanned the acres of financial advertising and wondered what APR, AER and EAR really mean? You'll invariably find one or another of these terms in every advertisement for a lending or savings product. Well you're certainly not alone. The Financial Services Authority lays down the exact formulas for calculating APR, AER and EAR's. Every UK financial institution... (posted by michael challiner 6 years 15 days ago.)
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