It is not merely door step lenders who are at fault,all the main banks, building societies and credit card companies rely on the APR to confuse. Then they mix them with other rates.
5% per annum should mean exactly that. How difficult is that to administer.
Robert Feal-Martinez
Posted on 24 Apr 2012 11:28 am
It is not merely door step lenders who are at fault,all the main banks, building societies and credit card companies rely on the APR to confuse. Then they mix them with other rates.
5% per annum should mean exactly that. How difficult is that to administer.