Personal loans are usually based on interest rates and calculated to give the borrower an APR, or annual percentage rate. Learn about the APR, or the interest paid for using the lender's money, with help from a financial planner in this free video on personal loans and money management.
Expert: William Rae
Contact: www.hbwfl.com
Bio: William Rae has been licensed in the insurance and financial fields for more than 30 years.
Filmmaker: Christopher Rokosz
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