its a Bond.
government bonds.
As of July 2010, you can get a student consolidation loan through the federal government. The interest rate can range from 6.62%-8.25%. 8.25% is cap for any student loan consolidation.
you are thinking of a subsidized loan. If unsubsidized, the interest acrues at all times.
The loan whose interest rate is low is called low interest loan. If you got a unsecured loan @ low interest rate then it would be low interest loan for you.
This is called a bond.
a note issued by the government which promises to pay off a loan with interest.
A BOND is a note issued by the government, which promises to pay off a loan with interest.A thing used to tie something or to fasten things together.An agreement with legal force, in particular.
government bonds.
bonds
There are lots of government loans, but in this economy it is unfortunately impossible to get a loan with an interest rate of less than 6% from the government.
An interest concession is a reduction, compared with commercial interest rates, in the interest rate charged on a loan taken out. Such concessions are typically provided directly by a government agency or by a government grant to a lending bank (in the case of a commercial loan).
You loan the government money. They agree to pay you back plus interest.
As of July 2010, you can get a student consolidation loan through the federal government. The interest rate can range from 6.62%-8.25%. 8.25% is cap for any student loan consolidation.
you are thinking of a subsidized loan. If unsubsidized, the interest acrues at all times.
Loan amortization is the process of paying back a loan over an extended duration of time along with the interest incurred. The interest to be paid for the amount borrowed, till the loan is completely repaid, is calculated in advance. This is divided by the total number of payments being made and added with the principal payments to arrive at an amount that consists of both the principal as well as the interest. The payments have to be made according to this amortization schedule, which is decided before the loan is issued and could be in the form of simple monthly or annual payments. Before the principal amount is issued, the terms for calculation of the interest are also fixed.
The loan whose interest rate is low is called low interest loan. If you got a unsecured loan @ low interest rate then it would be low interest loan for you.
This is called a bond.