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%TAE

How I can calculate the %TAE for my credit 


I have the same situation and question.... what exactly is %TAE? is it the  "effective annual interest rate or annual equivalent rate (AER)?



AER 


Because I tried to set up a loan on MoneyWiz, and really neither APR or AER works propertly?


Thanks,


Jesus


Dear David,


What do you mean by %TAE?

I try configurate a loan account but I need  the %TAE 

You might be referring to the annual percentage rate or APR %. You should ask at your bank what is the %TAE for your loan.

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