How do you explain the APR to a non-borrowing spouse?

I was talking to a notary on the East Coast. I was going to ask him a loan signing question, but then he retorted back a question in my direction before I could ask my question. How do you explain the APR to a non-borrowing spouse?, he asked. I gave him my routine mathematical definition … Continue reading How do you explain the APR to a non-borrowing spouse?