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APRC

The Annual Percentage Rate of Charge, often referred to as APRC is the total cost of the credit to a consumer, expressed as an annual percentage of the total amount of credit.

AVM

AVM stands for Automated Valuation Model.  It is a search used by some lenders to establish the value of your property based on recent local sales and value trends.  This is instant and means that they do not have to send a surveyor to your property.

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