Ready, steady… save!
You don’t need a chart to join in. Here are 2 ways to record your savings:
1. Cross it off
Pop a chart into your first post. Saved an amount? Cross it out! Read more »
£0.01 £0.02 £0.03
2. Write it down
Skip the chart and add updates to your first post. Read more »
“Another +£3 saved today. Go me!”
Use +£ before each new saving so it counts towards your total.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
APR vs Flat Rate Calculations
Comments
-
I don't understand you, that's for sure.
APR is legally required to be stated at least as prominently as any other rate. I don't understand why you think banks are not doing this.0 -
MarkyMarkD wrote:And I ignore the distinction between AER and APR - to anyone but a pedant, the difference doesn't matter.
For "pedant" substitute "person who really understands what APRs are all about and exactly why the law insists that they be displayed at least as prominently as any other rate"...............................I have put my clock back....... Kcolc ym0 -
I shan't substitute that - I know exactly how, and why, APRs have to be displayed prominently - but that has nothing to do with caring whether an AER is different to an APR - which fundamentally it isn't.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.9K Banking & Borrowing
- 255K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606.1K Mortgages, Homes & Bills
- 179.1K Life & Family
- 264K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards