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APR on credit card?

What does it mean if my credit card APR is 12.90%? When does this affect how much money I pay the credit card company?

2007-09-02 07:43:40 · 1 answers · asked by Anonymous in Business & Finance ➔ Credit

1 answers

If you carry a balance, you pay interest at that rate. Pay the card in full every month and the APR means nothing.

2007-09-02 07:52:35 · answer #1 · answered by bdancer222 7 · 0⤊ 0⤋

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