What is APRC?

The APRC is the annual percentage rate of charge. It rolls the interest rate together with other costs, so it shows what borrowing really costs you in a year. It is the figure to compare across lenders, because a low rate with heavy fees can carry a higher APRC. AffinityPlus Credit Union has an APRC of 7.516%, the highest of the brands listed. Alinma charges 7.27%, ActivoBank 4.3% and 1822direkt 3.97%. Achieve publishes an APRC of 5.75% to 15.17%, so the price depends on your own deal.