• Annual Percentage Rate (APR):

The value in the transaction.

• What is the Annual Percentage Rate (APR)?

It is the percentage that shows the annual cost paid by the customer (which includes the financing profit + any additional fees, if applicable). The annual profit percentage varies according to the financing term. This calculation is preliminary and not binding on KFH.

• Why is knowing your APR important?

This will provide you with the expected financing cost, helping you make the right decision.

• How is it calculated?

The used calculation formula is: Annual Percentage Rate (APR) = (Total financing profit rate + any additional fees, if applicable) divided by (Number of financing months divided by 12). The annual profit percentage varies depending on the financing term. This calculation is preliminary and not binding on KFH.