Daily periodic rate (DPR) (DPR)

1 topic · 1 source

Business› Finance› Personal Finance› Consumer Credit

Credit Card

DPR stands for “Daily Periodic Rate.” This is a daily interest rate. The daily periodic rate or DPR for a given balance is equal to the APR on that balance divided by 365.

Consumer Financial Protection Bureau — Definition of Credit Card Terms retrieved 2014-05-16