Interest Rates

Interest rates refer to the percentage of an amount of money charged in a specific country by a lender to a borrower for the use of that money. They are typically expressed as an annual percentage rate (APR) and can be applied to various types of financial transactions, such as loans, mortgages, credit cards, or savings accounts.Interest rates refer to the percentage of an amount of money charged in a specific country by a lender to a borrower for the use of that money. They are typically expressed as an annual percentage rate (APR) and can be applied to various types of financial transactions, such as loans, mortgages, credit cards, or savings accounts.