Car Loans - What's the difference between an Interest Rate & APR?

Car Loans - What's the difference between an Interest Rate & APR?

Shopping for a car loan and want to know what's the difference between an Interest Rate & APR for a car loan? Then you found the right video! In just two minutes I explain the differences between Interest Rates vs APR (annual percentage rate) that's easy to understand. Hopefully you find this video helpful when buying a car. Shameless Plug: If you're thinking about starting a business, I run a software company called Projection Genie that helps aspiring entrepreneurs simulate and predict the financial success of new business ideas before launching them. Check it out here: https://www.projectiongenie.com