FINANCE
Your Loan's APR Hides One Fee
Most borrowers miss it before signing.
Beyond the Interest Rate
The Annual Percentage Rate (APR) bundles interest with other charges. One of those is often deducted upfront.
The Upfront Origination Fee
Lenders may subtract this fee—up to 8% of the total—before you even receive the funds.
Calculate Your True Cost
The full piece details how to spot fees and compare effective loan amounts.
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