The terms “purchase APR” and “interest rate” mean the same thing when it comes to credit cards. Purchase APR refers to the percentage of the loan amount you’ll owe on an annual basis in exchange for ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

A purchase agreement is a legally binding contract that spells out the details of a real estate transaction. Homebuyers and sellers typically sign a purchase agreement shortly after negotiating the ...

In a purchase-money mortgage transaction, the home seller acts as a lender and sets the down payment and interest rate. A purchase-money mortgage or seller financing, is issued by the home seller ...

For around $200, you can have a National Institute for Automotive Service Excellence (ASE)-certified technician thoroughly inspect a car you’re considering buying. They’ll look for problems and ...

Credit card purchase protection can take the financial sting out of having a recently purchased item stolen or broken. Filing a claim is fairly straightforward, but you must do so quickly. While ...

A purchase-money mortgage is any real estate loan that doesn’t include a financial institution as part of the agreement. In commercial property transactions, the lender might be the original property ...

When you swipe your credit card, you incur a charge that could eventually cost you in interest if you don’t repay on time. The amount you pay in interest is based on your purchase APR, or annual ...

A purchase APR determines how much interest you'll pay on purchases you make with your credit card if you carry a balance. Credit card companies determine many APRs based on the prime rate – plus a ...