Tag Archives: compound interest

What Banks Don’t Tell You About The Difference Between APR and APY

Imagine a world where banks were fully transparent with you. Sounds nice, doesn’t it? Unfortunately, there are many tactics banks use to make parts of their business look better than they are. Specifically when it comes to APR and APY. Well today we’re going to get the difference between APR and APY. I’ll explain to youContinue reading “What Banks Don’t Tell You About The Difference Between APR and APY”