fixed APR
Stable interest percentage
A fixed APR is an annual percentage rate on a loan or credit card that remains constant over time, as opposed to a variable APR that fluctuates with market conditions.
The term is somewhat misleading—credit card issuers can still change a "fixed" rate with advance notice; it simply won't adjust automatically with an index: The card offers a fixed APR of 18.9%.
- interestAttention, stake, or fee
- loanBorrowed money repaid later
- loan termsBorrowing agreement specifications
- creditRecognition or payment deferral
- credit cardBorrowed-funds payment tool
card · mortgage · locked · unchanging · stable · borrowing · finance · lender · debt · payment · monthly payment · monthly · terms · contract · bank · steady · guaranteed · predictable
interest rate variability
fixed APRvariable rate
Amount that fluctuates
adjustable rate · floating rate · adjustable-rate mortgage · ARM
fix, fixed, fixes, fixing, fixer, fixable, fixation, fixative, affix