2 min read
Definition
The headline rate is the rate a lender leads with in marketing. It frequently excludes compulsory fees and ignores compounding, so the APR and total amount payable are what actually matter. A low headline with a fat fee can lose to a higher headline with none.
In plain terms
It is the number designed to win your click, not the number you should decide on. Look past it to the total cost.
Why it matters for your company
Never choose on the headline rate — compare on APR or total repayable. See APR and total amount payable.
Credicorp lends to your company, not to you personally, and takes no personal guarantee. See indicative terms on business loans, or apply online in minutes.
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Credicorp lends to your company, not to you personally — short-term working capital with no personal guarantee. See what your business could access.