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Why do corporations with lower credit ratings offer higher coupons or interest rates on their bonds?
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Why consumers should be concerned if there credit rating falls?
Credit ratings determine both the interest rate and rather financial institutions will loan you money
How are Capital One's interest rates compared to other company's?
"Capital One's interest rates compare quite favorably with other competitors. If a credit card is being applied for, the interest rate attributable to that card will be based upon individual credit ratings."
What might be the typical interest rate on an auto loan in Charleston, South Carolina?
Individuals with the best credit ratings get the best rates on auto loans. As the credit rating or credit history declines, the interest rate is increased. Rates on new vehicles span 0% to 28%.
Are there coupons for Sears credit card holders?
Yes there are in fact it. If you are a Sears credit card holder, you will get special coupons in the mail that other people will not get?
What is the prime interest rate?
The "Prime Interest Rate" is the interest rate used by banks to base all their loan interest rates (and sometimes other interest rates) on and is usually lower than the lowest rate charged on loans to customers with the best credit ratings.
How can a person refinance an auto loan with bad credit?
There are some finance companies that will offer credit to people who have bad credit ratings. However caution should be taken as the interest is likely to be very high when choosing this option.
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 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.
What cruise lines offer basic coupons without having a credit card?
Most cruise lines don't offer coupons for their services even with a credit card. Even if they do offer coupons, it is generally for the public and not for a specific person.
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
What is the journal entry for accrued interest expense on Notes Payable?
debit interest expense, credit interest payable for the accrued amount
