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the interest rate and a rebate. The interest rate is self explanatory. As for the rebate, some loans have money taken out of them and if you're on time to pay the first 12 repayments, you get that rebate money back and don't have to pay it. However, if you mess up, you lose that rebate and end up paying more.
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The cost of borrowing money is called the?
The cost of borrowing money is called interest.
How does the federal reserve reducing the interest rate affect the bond market?
The cost of borrowing money.^%
What are the non-pecuniary cost borrowing?
The meaning of non-pecuniary cost borrowing is the when a person borrows money for buying a product including time to shop for it.
Does downloading cost money on your mobile phone?
no if your downloading its kindof like borrowing as buying something costs money
How Interest Rates can Affect a company?
interest rates reflect the funding cost. for the the company the higher the rates the higher the borrowing cost.
What are some economic conditions that affect the cost of money?
what are some econoomic conditions that affect the cost of money?
What factors affect the cost of dentures?
The condition of your teeth as well as the procedures required are factors that affect the cost of dentures. Read more at www.weputasmileonyourface.com/services.html
The federal reserve can change the interest rate to help the economy. What is the interest rate?
the cost of borrowing money
Short-term interest rates show the cost of borrowing money for how long?
for a few days or months
The Federal Reserve can change the interest rate to help the economy What is the interest rate?
the cost of borrowing money
I want to refinance and pay down my existing mortgage by nearly half, in order to make my monthly payments smaller. Can I do this with a "no cost" refinance and not borrowing any money in the refinance?
I think if you can effort for it you can have a refinance without borrowing the money.
What is an interest rate?
The interest rate is the cost of borrowing money, expressed as a percentage, usually over a period of one year.
