Providing Our Clients With Expert Advice And Industry Best Practices
Call US TODAY
503-670-7772
Menu
Search

In The News

Home > Acquisitions > Why APRs Are A Misleading Metric For Small-Dollar Loans
Dec1 - 20

Why APRs Are A Misleading Metric For Small-Dollar Loans

Annual percentage rates (APRs) can be an important and useful metric; at the same time, they aren’t perfect in all instances. As Investopedia notes in its explanation, “The APR provides consumers with a bottom-line number they can easily compare with rates from other lenders.” So, for example, if you are looking to take out a 30-year mortgage, comparing APRs across a variety of lenders provides an easy way to choose the lender offering the best rate or terms. Read the complete article HERE.

Categories

Archives

Events

February 16, 2022

FinTechs and cryptocurrencies have received credit for reinventing global financial services. These advancements have raised many questions for compliance professionals and how we operate in…

February 22- 25, 2022

The NMLS Conference will allow you to connect to the NMLS ecosystem to meet your peers, network with both regulators and industry partners, and hear…

contact us

Please fill out all fields marked with* and submit the following form to
request your consultation.

Contact Us Today

Please fill out all fields marked with * and submit the following form to request your consultation.

  • This field is for validation purposes and should be left unchanged.

Call Now Button