Examples of APR in a sentence

Payment Allocation When you make a payment, generally, we first apply your minimum payment to the monthly obligation for any Installment Plan offer balances, which requires repayment of the balance over a pre-selected number of billing periods, and then to the balance on your monthly statement with the lowest APR.
If you use a convenience check, we will apply the: ● cash advance APR if you make it payable to cash, to you, or to a bank, brokerage or similar asset account, or to a mortgage or insurance provider.
Even if the Margin and Prime could be higher, the rate on any transaction type will not exceed 24.99% APR.
A DPR is 1/365th of an APR, rounded to one tenthousandth of a percentage point.
Except for any introductory or other special offer APR, each APR is a variable rate equal to the Prime Rate plus any margin shown on the Card Mailer or in the special offer.

More Definitions of APR

APR means, with respect to a Receivable, the annual rate of finance charges stated in the related Contract or then applicable to such Receivable.

APR of a Contract means the annual percentage rate used to determine the total interest expected to be charged over the term of a Contract as of its inception, as shown on such Contract.

APR means, with respect to a Receivable, the rate per annum of finance charges stated in such Receivable as the “annual percentage rate” (within the meaning of the Federal Truth-in-Lending Act). If, after the Closing Date, the rate per annum with respect to a Receivable as of the related Cutoff Date is reduced (i) as a result of an Insolvency Proceeding involving the related Obligor or (ii) pursuant to the Servicemembers Civil Relief Act or similar State law, “Annual Percentage Rate” or “APR” shall refer to such reduced rate.

APR of a Receivable shall mean the annual percentage rate of interest stated in the Contract related to such Receivable.