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Can a creditor still charge interest rates if they are garnishing your wages?
Wiki User
∙ 10y ago
If you have a garishee against your salary can the creditor still charge interest.
Thanks
Theo
Wiki User
∙ 10y ago
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Can a bankruptcy judge make a creditor lower the interest rate?
In cases of bankruptcy, it is quite common for interest rates to be renegotiated.
Why do finance companies charge such high rates of interest?
If a company has adopted 'Table A', it can charge interest on calls-in-arrears at the rate of
How does someone save interest rates?
Someone will save interest rates by having good credit, by not being late on bills, by not having any charge off's in one's credit history and by shopping for the best interest rates.
Do Yes Loans charge outrageous interest rates?
Absolutely, Yes Loans charges extremely high interest rates. Not only that, but they also charge a very high fee just to be accepted into their loan program. There are many other companies that can offer better loan rates than this company.
What interest rate does Capital One charge?
Capital one interest rates vary according to the type of card offered. Interest rates range from 10.9 to 24.9 percent depending on whether the card is Classic, Platinum, or Prestige.
Can a bankruptcy judge make a creditor lower the interest rate?
In cases of bankruptcy, it is quite common for interest rates to be renegotiated.
Is prime rates the same as interest rates?
Prime rates are the interest rates most banks charge their customers for loans while interest rates are the rates charged to borrow money and come in many forms.
Why do finance companies charge such high rates of interest?
If a company has adopted 'Table A', it can charge interest on calls-in-arrears at the rate of
What's the interest rate on instant loans?
You can expect very high interest rates. In fact, some of these companies charge you interest rates upwards of 50%.
How does someone save interest rates?
Someone will save interest rates by having good credit, by not being late on bills, by not having any charge off's in one's credit history and by shopping for the best interest rates.
Who determines the interest rate banks charge for loans?
The central bank does not directly determine the rates but the rates that it fixes like the Repo rate, Cash reserve ratio etc have a direct impact on the rates banks charge. When the repo rate is less and CRR is less then banks charge a lesser rate of interest and vice versa.
Do Yes Loans charge outrageous interest rates?
Absolutely, Yes Loans charges extremely high interest rates. Not only that, but they also charge a very high fee just to be accepted into their loan program. There are many other companies that can offer better loan rates than this company.
Who regulates interest rates?
To a certain extent the banks do. But the Fed, which lends money to banks, can have an impact on it depending on what interest they charge the banks.
How are the interest rates that banks charge set in the UK?
The interest rates in the United Kingdom are set by the Bank of England, which is the central banking institution in the UK and was founded in 1694. The interest rates set by The Bank of England affect all of the building societies and banks in the whole Country.
What role do banks play in determining credit card interest rates?
The bank that supplies the credit card can determine the interest rate they will charge. Rates can go up and down depending on the borrower.
What interest rate does Capital One charge?
Capital one interest rates vary according to the type of card offered. Interest rates range from 10.9 to 24.9 percent depending on whether the card is Classic, Platinum, or Prestige.
How does bankruptcy affect interest rates on loans?
Some lenders may find you a higher risk and thus charge you a higher interest rate.
