What is the APR on the USAA loan?

The APR, or Annual Percentage Rate, on a loan represents the total cost of borrowing expressed as a yearly interest rate, including any fees or additional costs associated with the loan. In the context of USAA loans, a 0.75% APR indicates a relatively low borrowing cost for service members and veterans, reflecting USAA's commitment to providing favorable financial products to its members.

This APR suggests that for every $100 borrowed, the cost of borrowing over the course of a year would be $0.75, which is quite competitive when compared to rates offered by many other institutions. Such a rate is likely determined by factors like the loan type, the purpose of the loan, and the borrower's creditworthiness.

While the other options represent different percentages, they do not align with the provided information regarding the APR for USAA loans. The selected APR of 0.75% reflects a balance between a low cost for borrowers and the financial viability for the lender.