Compare Financial Services from Various Financial Institutionsby FDIC
Compare the products offered by your bank and a few competitors and then negotiate the best deal. One of your most important shopping aids for a loan or credit card is the APR -- the Annual Percentage Rate. This required disclosure shows the total cost, including interest charges and other fees, expressed as a yearly rate. When you're comparing loans from different lenders, make sure you use the same dollar amount and time frame so you can compare the APRs. That way there's no confusion about which loan will cost less.