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• 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 - Cite This Source - This Definition
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  Cite Definition for Daily periodic rate (DPR)

  American Psychological Association (APA)

  Daily periodic rate (DPR). (n.d.). Definition of Credit Card Terms. Retrieved March 25, 2023, from website: http://www.expertglossary.com/definition/daily-periodic-rate-dpr.

  Chicago Manual of Style (CMS)

  Daily periodic rate (DPR). www.consumerfinance.gov. Definition of Credit Card Terms. Consumer Financial Protection Bureau. http://www.expertglossary.com/definition/daily-periodic-rate-dpr (accessed: March 25, 2023).

  Modern Language Association (MLA)

  "Daily periodic rate (DPR)." Definition of Credit Card Terms. Consumer Financial Protection Bureau. 25 March. 2023 http://www.expertglossary.com/definition/daily-periodic-rate-dpr.

• Browse Related Terms: "Go-to" rate, Average daily balance method with compounding, Average daily balance method without compounding, balance, Daily balance method with compounding, Daily balance method without compounding, Daily periodic rate (DPR), Default APR, Interest-free period, Introductory APR, Penalty APR, Periodic rate, Purchase APR