The APR is calculated by consumers with tables provided by the Federal Trade Commission.

Name: The APR is calculated by consumers with tables provided by the Federal Trade Commission.
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

The APR is calculated by lenders and disclosed to consumers, not the other way around. The Federal Trade Commission does provide information and guidance on understanding and comparing APRs, but they do not provide tables for calculating APR.

The APR Is Calculated by Consumers with Tables Provided by the Federal