APRs are a thing of wonder and mystery to most of us who have no idea what they're for or how they're worked out. Badger Loans gives you the gen on why APRs don't really work for short term loans.
If you've applied for a loan at any time over the last 5-10 years you may well have come across the word 'pingtree' and wondered what it means. Here's your explanation in under 5 minutes.