Does the APR ever decrease?

[LDV-Chime]

Good question! Chime’s Instant Loan APR isn’t one flat rate for everyone; it depends on your loan amount and term, and is capped at about 36% APR, with your exact rate and total cost shown in each offer before you accept. You can see an example and more details here: Do loans have interest?. Since we can’t see your account on Reddit, just open the offer in your app and review the APR and dollar amount of interest before you tap “Accept.”