Glossary Of Consumer Finance Terms

A guide to many of the terms used in the consumer finance market. A Acceptance Rate – The percentage of customers that are successful when applying for a loan or credit card. 66{a16d06abe49b7cb280a391e2908a1c67db5c20e235c835a9ae172b47b18e1709} or more applicants must be offered the advertised rate know as the Typical APR (See ‘Typical APR’ […]