We do have loans, but interest rates aren’t so far as I know set by some sort of personal evaluation. Granted I’ve only ever had our mortgage which was fixed rate, but even if you choose one with a variable rate, that rate is set by the bank, not your personal finances. As I recall when we got it we could choose to pay it in ten years at one rate, twenty years at a slightly higher, or thirty years at a slightly higher still. Obviously there was an evaluation by the bank of our economy, but it didn’t get summed up into any sort of specific value. It was just ‘yes, these people are credit-worthy, this is how much we are willing to let you borrow’. It’s just a different system from yours, so the term ‘APR’ means nothing to me, but I guess it does the same thing.
Yes, especially because it looks like in this case it’s in a plastic bag. Those are not always flavour neutral, as my grandmother once discovered when she tried to trick my uncle into eating a cheaper brand of rolled oats by just pouring them into the more expensive brand’s box. He identified it immediately as having come out of a plastic bag, so that didn’t work.
I was hoping someone would point this out.