APR Explained by Michael Sheen

Michael Sheen explains APR. For more information on our Affordable Credit work visit: www.carnegieuktrust.org.uk/project/affordable-credit/

[@fluffypuppy4831]

Good Omens teacher au

[@aziraphale5752]

Yes

[@everythingfangirl548]

Fanfic writers(aka me): writethatdownwritethatdownwritethatdownwritethatdown-

[@aziraphale5752]

@@everythingfangirl548 I'd love to read about it if you'd write it, dear.

[@yanny7186]

@@aziraphale5752 shit I’m actually writing Aziraphale!professor au 😂😂 this random vid actually came in handy just now 😂

[@leetehehee7464]

Hot

[@pointlessplayinc.6656]

I didnt understand anything in this video but the fact that Aziraphale just tried to teach me APR and I was too obsessed with his hair to pay attention

[@ReadDeadRedemption_]

Me too, haha😂😂

[@jes3836]

Still couldn't explain it. Guess I'll just have to watch it again. And again and...

[@ksparks689]

Can’t explain it, it’s ineffable.

[@SSMp315]

Seeing Aziraphale wear modern clothes and EVEN BLACK Is staggering

[@IneffableFoxy]

this has fucked me up

[@dayschange2]

Crowley would lose his shit.

[@aziraphale5752]

@@dayschange2 He would.. mind not telling him? Please?

[@Hecateofcrossroads]

Well Crowley wore white

[@aziraphale5752]

@@Hecateofcrossroads and i wore a black magician's suit

[@ineffablemars]

If all my lessons in school were taught by Michael Sheen I’d be a genius by now

[@ironvlogger9712]

When he's not running his lovely bookshop, Aziraphale Z Fell enjoys teaching in a nearby college😆💗

[@aziraphale5752]

This is true.

[@ironvlogger9712]

@@aziraphale5752 sweet, kind, generous, beautiful and intelligent angel 😚😚😚😚

[@Stargirl-wi7hy]

So THATS how he can keep the shop running and keep his books

[@aziraphale5752]

@@Stargirl-wi7hyThat or I can ask Crowly if he could do a quick miracle for me and help me fund the book shop, or I'll miracle the money. There's also the factor of my scaring off people by glaring at them or other things to keep my books.

[@MaevieTheSongbird]

“Professor Aziraphale? Who’s that guy with the sunglasses and black jacket who keeps making eyes at you?”

[@Marly8]

OMG YES XD

[@ImBlueDaBaDeeDaBaDaa]

*Fanfiction writers* "Write that down, write that down!"

[@aziraphale5752]

"Uhm... That is the botany professor, Ms. Ballantine, who should not be here, because his next class starts in.." Aziraphale pauses and looks at his watch and stares dead at Crowley who has also glanced at his phone's clock, "ten minutes. And it takes five to get there, so he should best be off."

[@chibime2005]

Ahah now i want ff about it

[@MaevieTheSongbird]

@@aziraphale5752 *I lean over to my seat mate* "Did he just start working here? I don't think I've seen him around before." "I'm surprised they let him in. Didn't think they'd hire someone in a leather jacket." "Just because he doesn't dress like a professor doesn't mean he's a bad one. But that also doesn't explain what he's doing in here making google eyes at-" *I'm cut off by a crumpled paper hitting me in the back of the head, professor Crowley is whistling nonchalantly*

[@pianopanicattack]

i don’t even know what an APR is but as long as aziraphale’s explaining it i’ll pretend to understand

[@helivoo1846]

same tho

[@samuelelder9434]

Its an acronym for Apples Plumbs caRrots

[@bonariablackie4047]

APR stands for Annual Payment Rate. Every bank charges for mortages, loans, overdrafts etc at their APR, which for Nationwide is a ruinous 39.9%. If you borrowed £75 from Nationwide for 7 days, you would pay back £104.92.

[@Volkbrecht]

@@bonariablackie4047 There is something wrong with your maths. At an APR of 39.9 %, you'd pay back 75.57. 104.92 after seven days would mean an APR of 2080 %. According to the calculation shown in the video.

[@Thurgosh_OG]

@@bonariablackie4047 APR, in the UK stands for Annual Percentage Rate, not Payment rate. The overdraft rate you are using is for unauthorised use, authorised overdrafts are only 1 to 2 % at the moment.

[@dayschange2]

I can't put my finger on why I'm struggling here. I saw David Tennant make a TV appearance with Crowley's hair, and I was able to process it just fine: David Tennant, just with red hair. I see this, and I can hear that the inflection is Michael Sheen, yet I can't NOT see Aziraphale. That's Aziraphale, telling me about APRs. Thank you, Aziraphale. I feel very informed.

[@aziraphale5752]

Your welcome, Dear.

[@Francharancha]

XDDD same im just like, "Oh wow aziraphale from good omens? The angel who gards the east of the garden of eden? Apr? DOnt know what that is but interesting. Thanks"

[@aziraphale5752]

@@Francharancha You're very welcome, dear.

[@Francharancha]

@@aziraphale5752

[@aziraphale5752]

@@Francharancha Are you ok?

[@cheflaurel7453]

"Aziraphale used it [his cheap, slow, plasticky computer] religiously for doing his accounts, which were so scrupulously accurate that the tax authorities had inspected him five times in the deep belief that he was getting away with murder somewhere." - Good Omens by Terry Prachet & Neil Gaiman

[@okaminess]

Hahahaha 😂

[@aziraphale5752]

This is true and mildly infuriating it happened five times. Why can't they just assume I'm a good, smart person who uses knowledge for taxes.

[@SJ-dl6uc]

this made belly laugh out loud during omicron surge. thank you ❤️

[@a.katherinesuetterlin3028]

@@aziraphale5752 Because they like to think everyone is either stupid, criminal, or both. Ironically (or unironically), this could very well be seen as a proper case of psychological projection, and *they* are the stupid, criminal ones. And they don't want anyone being smarter than they are. Think about that one. 😉😁

[@a.katherinesuetterlin3028]

This is honestly why I like doing my taxes online, especially concerning that my wages are nowhere near corporate level. Even at my highest earnings ($12K/yr working for a casino), I've never been audited. Also it's because I don't have to itemize deductions. That definitely helps. 😜

[@evilpansy]

He went *blonde*

[@melancholyism]

RiverStone1268 DAVID WHAT HAS HAPPENED TO YOUR HAIR? WHAT HAS HAPPENED TO MY HAIR? I WENT BLONDE!!!

[@annashaw6538]

@@melancholyism I love this!!

[@okaminess]

@@melancholyism hahahaha 🤣🤣🤣🤣🤣🕊🕊🕊🕊🕊

[@milly6943]

I am deeply disturbed by the sight of Aziraphale wearing different clothes

[@alexjake.j906]

Its obvous you do love aziraphale. Me too

[@marspersonal1]

Yes

[@pinkgreedyvillager]

*David Tennant with red hair* Me: oh, he dyed his hair, cool. *Michael Sheen with blonde hair* Me: AZIRAPHALE!?!??

[@theineffableshipper297]

SAME NOOOO

[@Marly8]

SAAAAME OMG THE OUTFIT ON AZIRAPHALE IS SO… AHHHH

[@sageofearth5250]

Same here

[@godfrey_approves]

I know!!! His fluffy angel hair is just that iconic

[@lindildeev5721]

Some others might say, when seeing David with red hair: YEEEEES, HE'S FINALLY GINGER!

[@L-Maple035]

I think I finally got it. £79.2 / £75 = 1.056 Weekly percentage rate = 0.056 (5.6%) Annual Percentage Rate formula: APR = (1 + 0.056)^(365/7) - 1 APR = 16.1358 ≅ 16.14 = 1614% Thanks, professor Fell :)

[@SJ-dl6uc]

you need more likes

[@erichardzz]

So APR is the amount of interest you pay annually on a loan?

[@jmckendry84]

@@erichardzz yes, it's the "annually percentage rate". So if you borrowed £100 and the APR was 5%, then you'd owe £105 after a year (assuming you didn't pay anything back in the meantime, for simplicity).

[@CHSidChou]

they should include this in the vid

[@davidmundow1074]

Is the weekly interest rate applied to the outstanding amount each week i.e. if you don't pay off week 1 it's 5.6% of £79.2 and so on?

[@SeptemberChild]

damn if Michael Sheen were my tutor I might have actually learned something

[@Emmy_lamb]

I felt that

[@evilpansy]

Can he be my teacher, I still won’t absorb anything

[@DrDespicable]

Odd, seeing an angel explain a tool of the Devil...

[@Thurgosh_OG]

Well they do have to know how to oppose the devils work, lol.

[@Beeimus]

AZIRAPHALE

[@chloiecruz7475]

that's what I also thought lol

[@Luminty99]

This is the best way to learn math, Michael can you please be my math teacher cuz I'd pay attention

[@Thurgosh_OG]

Michael is Welsh, he only teaches Maths. 🧠

[@ibarelyusethisaccountlmao]

Everyone: Wow what a good teacher Me: *sees 4.20* nice

[@dddeegee3236]

I dont even know what is APR

[@Bonglecat]

Annual Percentage Rate

[@denisesudell2538]

Would have been nice if he’d mentioned that

[@Genirie]

As a french person, i understand nothing, but Micheal explain it, so it's ok

[@julissavillatoro5725]

Deadass thought someone edited Aziraphale’s head in lmaooo 😂😂 (But in case this was edited, this is so well-done, your masking is absolutely seamless!😂)

[@justabitofamug6989]

I just live Michael sheen

[@dayschange2]

I live him too!

[@INDIOcomvoce1]

@@dayschange2 yep Michael Sheen is such a lively man..

[@Brandibb]

Same, I'm a simp too

[@talia77us]

If he were my teacher I still wouldn't learn because I'd still be staring at him. Just gazing at his sweet sexiness all the time.

[@kaytlinpaige1057]

I- oh?

[@courtroomegg]

E x c u s e m e -

[@idontknow_whattowritesooo130]

HE IS TAKEN. YOU CAN NOT BREAK APART THEIR 6000 YEAR RELATIONSHIP

[@Vas0011]

@@idontknow_whattowritesooo130 EXACTLY! 😂😂

[@lovesburntofferings]

This is so fabulous on so many levels. Mr Sheen explains this oft misunderstood principle so that it’s not only lucent, he created a contest for the content. The content being APR. Bravo Mr. Sheen!!! A true Renaissance Man you are.

[@lovesburntofferings]

Content - not contest - grrrrrrr autocorrect

[@ironvlogger9712]

I love to see Aziraphale in modern clothing and I know Crowley does too😇💟😈

[@aziraphale5752]

He does, but he doesn't know about my having posted this. ; ) Could you keep it a secret for me?

[@ironvlogger9712]

@@aziraphale5752 of course my dear, your secret is safe with me 😘

[@ironvlogger9712]

@@aziraphale5752 For his sake I hope you do wear modern clothing from time to time during your personal time together! I can just see the dear boy's face turning as red as a strawberry whenever this happens😂😆😋

[@aziraphale5752]

@@ironvlogger9712 I most certainly will, he looks so cute when he's red-faced

[@ironvlogger9712]

@@aziraphale5752 indeed 💘🐍sweet snek

[@MiceAndMinecraft]

my dyscalculaic arse says "thank you, Aziraphale."

[@Krissshereee]

Okay but why does he actually makes sense? I’m a marketing major and this is kind of what I’m studying ✨

[@a.katherinesuetterlin3028]

I think it's because he illustrates the concept in a friendly, humorous way, rather than sounding dry and boring. Hell, he would have made my 7th grade World History class more enjoyable because he actually puts inflections in his voice, rather than speaking in a monotone like my actual World History teacher. Also, had I had such a teacher as Michael Sheen for World History, I definitely would have been able to pay more attention...and likely been crushing majorly. British accents are defo a thing with me. 😅

[@sorchara9119]

it makes sense because its literally maths

[@centerfield6339]

"why does he actually make sense?" Well, why not? Who shouldn't make sense?

[@MgarrKid]

Came for a Martin Sheen clip, learned about loan sharks without even knowing - BRAVO to the writers, and obviously to the Sheen.

[@cuctrinh2466]

Kind of surprise to see Mr Sheen explaining about things like apr.

[@Honey13512]

Преподаватель просто ангел

[@pedrodiogo3828]

can anyone tell me how he got to 1614% ?

[@PirateWanderer]

Pedro Diogo I asked my economics teacher as well, and we just couldn’t figure it out, we got either 5000 something or 1000 something (tried two different interest calculations) So I think they miscalculated something

[@emilyscloset2648]

lookup sil soundbite's comment but basically: 79.20/75 = 1.056 So the weekly rate is 5.6% increase Annual rate is (1.056)^(365/7) - 1 aka you have to add 5.6% of the total onto the bill every week. The minus 1 accounts for the 1.056 instead of 0.056.

[@Cartoon-Nerd]

This awakened the student in me: nodding and pretending to understand

[@markorollo.]

£4.20 for a pint!?!? I'm not going in that pub!

[@doug5880]

El profesor Aziraphale :3

[@dayschange2]

Si!

[@leidylifrancis3603]

Que nos esta enseñando xd?

[@INDIOcomvoce1]

@@leidylifrancis3603 creo que vosotros conocen como tasa de interés anual

[@LPSALFA]

I am dumb as fuck at maths but as soon as I saw this video I pretended I understood APR just because It's Aziraphale explaining.

[@Winyfhet]

I didnt understand a dang thing, i love this angel so much i cant focus.

[@allisonforfornsed]

God I am so in love with this man

[@morozovamaximoff]

seeing michael sheen with aziraphale hair and a welsh accent is staggering

[@sccdr.laneywrightmathcours3577]

Brilliant example! Going to share with my college students.

[@rosina29]

Idk what that was, but like I love you aziraphale

[@unseelie63]

Mr.Sheen just demonstrated just how much of a ripoff things like payday loans are.How they can,and do,make peoples' financial shortfalls even worse than they already are.He's trying to educate.To help people.He's adorable,yes,but he's a very serious activist as well.This was an activist moment.

[@mvashton]

Try a space after your punctuation?

[@Eatmywalnutz]

@@mvashtonthank you..

[@user-sp5ds4nq5e]

I’m new to the good omens world and I’ve never heard him talking😂 or I have but I never knew it was him. His voice is lower than I expected him to sound

[@KatiannaDenemark]

My thoughts while watching this "How does he make his voice change so Aziraphale sound so adorable??" "Why do I get Crowley with the projector screen vibes, did they body swap again?" "Is this what Aziraphale would wear as a demon?" "Still trying to process this guy was Aro in Twilight"

[@sabertooth_shark5047]

All of us wishing he was our school teacher....

[@wibbwobbles]

Can we get like....a series of him explaining things

[@1Vix1]

Normally I hateeee math of every inch of my body. But when Michael does it...then it's like "I fuckin love math"

[@Oj12323]

If this man isn’t the next doctor who I’m gonna lose my mind 🙃

[@DominateFA]

Can someone explain what Michael Sheen did, I have no idea what APR is...

[@jesebelroce6904]

Pag ito talaga naging teacher ko sa Math ..papasok ako palagi😁😄..

[@alisonbateman8173]

I didn't learn anything except that I am more in love with Michael Sheen - the man who makes maths sound sexy!

[@andiemcnamara2577]

I really do think I might actually have almost understood that... Thank you Aziraphale.. ❤️

[@jasonpatterson8091]

Wow, this is an argument from what seems to be a very nice guy about how exorbitant interest rates in predatory short term lending aren't a bad thing. Sure, there are fixed costs to be considered, but in reality these types of loans aren't made a single time. Instead they occur over and over again and the financial institutions lending the money DO have large sums constantly loaned out at these rates. The default rates are higher than on most longer term loans, but not sufficient to justify the insanity.

[@howard1beale]

Brilliant explanation

[@MrBchi]

That's fantastic. He's a bit of a legend as well

[@ReadDeadRedemption_]

"WHAT ABOUT MY HAIR??!?! I WENT BLOND"

[@hautboisfemme]

Okay, but now I need Aziraphale to teach me about capital budgeting and valuing corporate stocks so I can pass my Finance final in three days.

[@kuroshima4751]

WHYYYYY! WHERE IS THIS WHEN I WAS A ABM STUDENT! MY GOD I NEED THIS AT THAT TIME 😭

[@goodoldfashionedangel]

Thank you Aziraphale!! ILY

[@pqrstzxerty1296]

and what is AER ? in loans, and compared with APR ?

[@95garyl]

I think his calculations are in correct. 4.20(52)/75 =2.780

[@LeahLaushway]

What a lovely Welsh accent Aziraphale is speaking in!

[@pastelcreativity9595]

If Aziraphale was my teacher i wouldn't be failing-

[@Allegro11Maestoso]

You'd be falling

[@theravenmuse7226]

HAIR

[@annashaw6538]

"I WENT BLONDE"

[@pianopanicattack]

@@annashaw6538 *”WHAT HAS HAPPEN TO YOUR HAIR”*

[@annashaw6538]

@@pianopanicattack I'm an acting comilion! Ffs 😂 love how both of their accents come out the louder they shout in this

[@Hecateofcrossroads]

That’s it just HAIR

[@EveIrkens]

@@pianopanicattack *"ANSWER!"*

[@the_loveable_fat_man9948]

Apr is your annual percentage rate which effectively means if you pay off your loan in a year you will pay x amount in interest, now as most loans are not over 1 year as you will tend to find you will get payday loans over 3 months, 5 year bank loans or 25-40 year mortgages are the most common form of loans in the uk, it is much more simple to 1. Get put on a fixed rate, 2. Ask before you take out the loan how much you will pay back in interest over the term of the loan and 3. Read the terms and conditions as if you get hit with additional fees or miss payments, you watch that interest sky rocket!

[@BodaciousWench]

That would be a payday loan here in America.

[@unseelie63]

Exactly.Michael Sheen,however cuddly and adorable he is as Aziraphale,is in real life a fighter for change.He sees people struggling with things like payday loans.He sees NHS not fully stepping up to the plate.He sees government not stepping up for little people,ordinary people,and it pisses him off.He wants to do something about it.So he's using his celebrity as a tool for activism.

[@neptunestardust]

That thumbnail is the most David looking Michael has ever looked I dunno how to explain it 😂

[@blazingvultures_]

Can he please be my teacher

[@mdderrek9280]

Is this Simon Pegg?

[@Susanluc59]

I don't know what course he is teaching but damn it, where do I sign up?

[@franx000]

michael??? I- ALL I SEE IS AZIRAPHALE-

[@ketrin_uzumaki]

Same

[@NgocNguyen-xc4zh]

Teacher Aziraphale ❤

[@lady_raineidv9297]

What. Wha. I-I... I don't understand. I've never seen Michael with blonde hair _except_ when he's Azi. What is this. I'm so confused. My system isn't recognizing this. What.

[@chrisst8922]

I read that APR meant you only paid interest in April.

[@elnino2410]

came for Apr. I have to search what pint and pounds is...

[@zoe5796]

When Lyra grows up, she'll never have problems with maths and will never experience the struggle with 'doing maths with dada'

[@melodymedina3242]

I can't see Michael here, when his hair is blond he turns Zira.

[@zurbihennan1874]

Aziraphale trying to act like Crowley by wearing dark clothes!!

[@itsgallifrey2518]

Aziraphale?

[@gdevine5515]

He is so cool.

[@thelimey351]

Isn't this APY(otherwise known as EAR) rather than APR ?

[@OverWims]

Ok but why is it 1614%?

[@BeYou-Butterfly9036]

Thank you Aziraphale!

[@d-logan5280]

I ... don't get it. Is he saying the pint was too much to expect? Or that it was reasonable? Coulda used more hand holding here.

[@1-less-car]

APR was NOT explained. No definition, no formula, no calculation, just the amount - which we don't know if it is correct or why. Nice hair though..

[@thomasthetranstrain9830]

Demon Zira?

[@Jenribles]

I uh. I didn’t read the title, so I was waiting for a punchline.

[@headwyvern11]

I still dont really understand what apr is

[@squishycatfish2577]

LOL THIS WAS NEEDED

[@AmnnoStar]

As a french person, i didn't understood anything, but it's Micheal or Aziraphale, it's fine.

[@Bryan-pj4oo]

Good to know

[@didik3327]

this is how i’m studying for financial lit

[@gergelybodi3728]

This is the absolute minimum everyone should know about finance by heart already at the age of 6.

[@meandmyimagination4151]

This is perfect. If Crowley knew! Aziraphaaaaaaaaaaalllleeeeeeee

[@tigristhelynx7224]

I feel like all of your comments are the reason why he dyes his hair back to brown after playing Azi. 🤣 You guys crack me up.

[@ashak8376]

You KNOW that aziraphale got an opportunity to teach and then went straight to Crowley to ask him what he should wear and this was the result. You CANNOT tell me otherwise. This is Aziraphale and no one will EVER convince me otherwise.

[@mattlm64]

Watch out for those loan sharks asking for beer.

[@iamthinking2252_]

So… the reason why the APR is so high is that it extends the scenario - pay back original and a pint of beer in a weeks time - and extends it to a year. Which would be like paying the original… and god knows how many pints of beer

[@notAshildr]

a beer a week. Which is 52 beers. At £4.20 a beer that adds up to £218.40. Add that to the original £75 and you gotta pay back £293.4. Or those 75 and a small keg.

[@halfkinrainbolt7041]

Wowsers!

[@WhatInTheDeepestShadeOfFeck]

Michael Sheen is a hero. If only there was leader of the opposition with some balls