Rate Shopping

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Definition: Rate Shopping

Rate Shopping
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Full Definition of Rate Shopping

The act of reviewing interest rates from various lenders and on various loan or credit products. Rate shopping allows a consumer to understand the costs of available products and the differences between lenders.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/rate-shopping/
Modern Language Association (MLA):
Rate Shopping. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/rate-shopping/.
Chicago Manual of Style (CMS):
Rate Shopping. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/rate-shopping/ (accessed: April 20, 2024).
American Psychological Association (APA):
Rate Shopping. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/rate-shopping/

Definition Sources

Definitions for Rate Shopping are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.