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If a company has adopted 'Table A', it can charge interest on calls-in-arrears at the rate of

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Q: Why do finance companies charge such high rates of interest?
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How do finance companies make a profit?

The finance companies give loans for interest at higher rates, they also lend money from banks and others for cheaper rates, if necessary. The difference of interest between these two is their profit.


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%.


What company has the lowest car finance interest rate?

There are many companies that offer low car finance interest rates that can be found locally or on the internet. A few good companies on the internet are Bankrate, Capital One and Cars.


How can you find a company that would buy out a loan for a repossessed car in New York?

YES, they are called FINANCE COMPANIES and charge HIGH interest rates. If the car is already repoed, your chances are NOT good.


Where can I find the current LIBOR interest rate?

The current LIBOR interest rates can be found by contacting branches of banks and finance companies in Great Britain as these interest rates relate to the London money markets.


Are there any dealers that finance collector cars?

Yes, there are such things as collector car financing companies. These companies usually have high interest rates though.


Many credit card companies offer low introductory rates of 5.4 percent annual interest What would be the annual finance charge on a balance of 459.29?

484.09 <<--- its this one or 484.1 i think.. try it or improve the answer


What is the top negative complaint about using cash advance companies?

Cash advance companies normally charge very high 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 is the current interest rate for auto finance?

Auto finance interest rates vary, but the current interest rate is generally between six and nine percent.


Where can one compare interest rates?

One can compare interest rates in a number of different places. Geico and Atlas are two companies that list interest rates of other companies for insurance and credit cards.


Many credit card companie offer low introductory rates of 5.4 percent annual interest what would be the annual finance charge on a balance of 459.29?

24.80