Quite simply, in lieu of upfront payments, these extra fees are additional onto the price of borrowing the loan and prorated about the lifetime of the loan in its place. If there isn't any fees related to a loan, then the interest price equals the APR. To find out more https://emilianoywulf.qowap.com/97391991/the-fact-about-1750-loan-that-no-one-is-suggesting