FA Credit Adviser Practice Questions - Financial Academy Credit Adviser Professional Exam (CAPE) (Saudi Arabia) Exam

In consumer finance advertisements, which rate must the creditor disclose clearly for the advertised product?

Only the term cost, without APR Only VAT Only SAIBOR The Annual Percentage Rate (APR), and not other rates such as the term cost alone

Correct Answer:

The Annual Percentage Rate (APR), and not other rates such as the term cost alone

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