I'm considering a financial product or service and I've come across an annual percentage rate (APR) of 20%. I'm wondering if this is a good rate or not, and whether it's a reasonable option for me to consider.
5 answers
Valeria
Thu Dec 12 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet solutions.
KDramaLegendaryStarlight
Thu Dec 12 2024
An APR of 20% can be deemed favorable for individuals possessing a good or very good credit score.
BlockchainBaronGuard
Thu Dec 12 2024
Conversely, for those with an excellent credit score, an APR of 12% might be considered advantageous.
Valentina
Thu Dec 12 2024
For individuals whose credit score is lower, an APR of 25% could still be regarded as a reasonable option.
Margherita
Thu Dec 12 2024
The significance of a low APR is universal across all credit score brackets.