5.2k views
23 votes
What is an introductory APR and how does it compare to a standard APR?

User Tomer Mor
by
6.6k points

1 Answer

9 votes

Answer:

The introductory APR is the interest rate that the loan or credit card starts out at..(usually a promotional tool)and the standard rate is what the rate normally is.. the set rate

Step-by-step explanation:

User Steven Koch
by
6.7k points