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Cryptocurrency Q&A What is the highest an APR can be?

What is the highest an APR can be?

Nicola Nicola Sun Aug 18 2024 | 7 answers 1251
Could you please clarify for me, what exactly is the maximum Annual Percentage Rate (APR) that a financial product, such as a credit card or loan, can have? Is there a standard cap set by regulatory bodies, or does it vary depending on the type of product and the lender? And what factors would typically influence the APR offered to a borrower? What is the highest an APR can be?
apr highest interest rate

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