answersLogoWhite

0

How does zero APR financing work?

Updated: 9/28/2023
User Avatar

Wiki User

10y ago

Best Answer

APR is the acronym of annual percentage rate. It discribes a loan without an interest rate. It is mostly given to their customers by companies on product sales to increase sales.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How does zero APR financing work?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What rebate and or special financing is available for Chevrolet trucks?

Currently, Chevrolet has 0% APR financing for 72 months for qualified buyers on the Silverado, Tahoe, Suburban, Avalanche, and Colorado. Some engine sizes are only 60 month 0% APR financing.


Where can one get a zero percent apr credit card?

One can get a zero percent apr credit card by going to the Credit Cards website. The website offers a number of credit cards deals including ones that have zero percent apr.


What is the worst APR in auto financing?

1730 per cent one day money lender on tv !! how can this be legal


What kind of financing do Hyundai dealerships offer?

"Hyundai dealerships do not currently have any financing deals to offer. Although they frequently do offer deals for Hyundai vehicles, such as 0% APR on certain models."


Why are zero APR credit cards a popular choice for people?

Zero APR credit cards are a very popular choice for people trying to obtain a new credit card because they have 0% interest involved. What you spend is what you pay and that is all.


Where can one find restaurant equipment financing?

Whenever one is thinking about financing for restaurant equipment or any other purpose the best place to start is where you bank. As you bank with them they will probably be able to get you the best deal with low APR.


How does one go about financing a car?

There are a number of ways to financing a car. If purchasing a new car, check out the dealers financial offers, some offer an APR of 0%, or add other benefits such as free insurance. If unsure whether it will be a new or a used car, a personal loan is another option, though the APR may be higher than a dealer's special offer.


What kind of APR 0 credit card offers are available right now?

All lenders off 0% APR for 6-12 months, for example, from time to time. Go to www.creditcards.com and review the current options, then visit the lender sites to research further and apply. Zero percent APR is offered for a limited amount of time; there are no cards that are zero interest for the duration of the card.


What are the benefits of a Disney rewards Visa card?

There are several benefits of a Disney rewards Visa card. Some of them include 10% off Disney Store, 0% APR vacation financing, theme park perks, and Disney Vacation Club financing.


What is the standard APR% for business financing loans in California?

The APR% varies from bank to bank. It also varies depending on the amount and lenght of the loan. There is no "standard" APR for business loans. The rate of interest has much to do with the credit rating of the borrower(s) and/or the rating of the existing business. The better the credit rating, the better the rate paid on borrowed funds.


What are the disadvantages of using a credit card with a zero percent APR?

Credit cards with a zero percent APR generally have minimum monthly payments that must be made in order to avoid costly charges. If your minimum payment is not made each month, you may be hit with costly penalty fees.


What companies offer credit cards with zero interest?

The Citi Simplicity MasterCard offers 18 months of 0% APR. Another credit card with zero interest is the Capital One Platinum Prestige card, which offers 0% APR until September 2014 if you are a new member.