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1.0 interest rate does not exist

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โˆ™ 2006-03-06 01:52:56
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Q: What kind of a credit score do you need to get a 1.0 interest rate if you are interested in purchasing a home in California?
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How does one receive 0 interest credit?

If you are interested in obtaining a 0% interest credit card, then you will find several websites available. Nerd Wallet is a site that allows you to compare credit card offers and will increase your chances in obtaining a 0% interest credit card.

What is the cost of purchasing something with credit by financing and cash?

When you buy something on credit, there is going to be an interest payment. And even if you are told that there is no interest payment, such offers generally come with an "administrative fee" which means that you are paying interest under another name.

What has the author Irving Fisher written?

Irving Fisher has written: 'The purchasing power of money: its determination and relation to credit interest and crises' -- subject(s): Purchasing power

What special offers exist for business credit cards?

There are credit card offers that suits for a company credit card. I suggest you get a low-interest one that has purchasing rewards to maximize your usage.

What is the interest rate on a Nordstrom credit card?

There are several different interest rate tiers for purchasing Nordstrom products. In addition, there are different rates for Non-Nordstrom purchases and cash advances.

What is the journal entry for interest on credit?

debit interest receivablecredit interest income

Keyword: rv loan interest rate Topic: Finance Keyword: rv loan interest rate Topic: Finance?

RV loan interest rates are determined by your credit score. You should always shop around when purchasing an RV to get the best interest rate. Be aware of filling out multiple applications, as this could affect your credit score.

How can one obtain car financing if they have bad credit?

To obtain car financing with bad credit can be done by purchasing from a car lot that advertizes " buy here pay here". You will find that with bad credit you will pay a higher interest rate than if you had good credit.

What is the interest rate on loan?

Interest rates are based solely on the severity of your credit. Good credit = low interest rate. Bad credit = higher interest rate.

What is the journal entry to record accrued interest on a mortgage?

(debit) interest income (credit) (debit) interest income (credit)

What does the term interest credit refer to?

The term interest credit refers to percentage of the credit that will be added as interest by the bank that issued a credit card. In this case, when the customer exceeds the allowed money limit, the bank will start taking interest on the exceeded credit.

When a judgment for credit card debt is established in California does the amount remain the same until paid or does it escalate with interest and fees?

A California domestic judgment accrues interest at 10% until paid, no other fees involved.

If my credit score is 560, what does that mean when I am purchasing a car?

A credit score under 600 means that you will be paying a higher interest rate when it comes to auto loans. Anything above 700 means you will get better rates.

What are interest free credit cards?

Interest free credit cards are some sort of deal credit cards make to get you to use their credit cards. Interest is cash that builds up on your debt. These interest free credit cards eliminates that for a few months.

How is credit card interest calculated?

Credit card interest in calculated daily. For example, if you have a credit card with 12% apr, you would divide the interest by 12 months. You should always check with your credit card company on how they calculate your credit card interest.

What is an advantage of having an interest rate credit card?

The advantages of having a credit card with an interest rate is it helps build one's credit faster. The higher the interest rate of the credit card, the higher the credit score.

How do you calculate effective interest rate on a line of credit?

how is line of credit interest calculated

How long does it take to hit your credit report after purchasing a vehicle?

It takes at least six months to hit your credit report after purchasing a vehicle.

who will loan to a first time buyer that has bad credit and wants to buy an older trailer with 3 acers of land?

Bad Credit Alliance can offer assistance with purchasing your trailer, you might pay a high interest rate.

Can you earn interest from a credit card if you have a positive credit account and does the credit company have to pay you interest for borrowing your money?

You cannon earn interest from a credit card if you have a positive credit account. The bank will simply give you a refund if you have overpaid.

If someone with bad credit marries someone with good?

Keep your credit seperate! When purchasing a home, you can use the other income without using their credit. They will have to sign papers but it will give you a better interest rate. For more information about Credit, you may want to check out The Credit Bible by Phil Turner. Its a great souce to learning all about the credit system.

What are the limitations of tendering as a method of purchasing?


Can you write off credit card interest on your taxes?

Is there a way to write off credit card interest on corparation credit card?

How helpful is a good credit score in th US to a recent Canadian resident interested in purchasing a house?

Good credit is always helpful, but, not the be all and end all. Good credit will effect your rate and how much down a bank will demand. Also, income is another factor that will be assessed.

What is the interest on an express credit card?

The interest on an express credit card is 8.7%. They are not a very good alternative to a regular credit card such as a visa or mastercard because the interest is very high.