![](https://sites.up.edu/psoba/files/2023/09/WalletHub-logo.jpg)
![](https://sites.up.edu/psoba/files/2021/12/Headshot_Brian-Adams.jpg)
Ask the Experts
WalletHub asked a panel of experts to share their advice and insight with APR. Read Dr. Adams’ expert advice to the following key questions:
–What is the biggest misconception people have about annual percentage rates?
–How should consumers use APRs to compare financial products?
–Do you think the average adult knows what APR stands for? Do you think they know how annual percentage rates work?