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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.
Is the interest rate high for asda loans?
ASDA loans are divided into two categories based on the amount borrowed. These categories are Little Loans and Personal Loans. The average interest rate is about 8% which is not bad but interest rates can be as high as 15% and more.
What is the interest rate on a Walmart Discover card?
"The interest rate on a Wal Mart Discover card is 4.7 percent. Which is not a bad rate, it is a little bit high but at the same time it is the lowest in the credit world."
How does the interest rate for a bad credit debt consolidation loan differ from a regular small bank loan?
The interest rate for a bad credit debt consolidation loan differs from a regular small bank loan because the interest rate for the bad credit debt consolidation loan would be higher. The rate would be higher due to the fact that the one receiving the loan would pose a risk because they have bad credit and obviously had not been good with payments or something in the past. The regular small bank loan would be for those who have good credit, so the interest rate would be normal or lower.
Are interest rates on auto loans much higher if you have bad credit?
Interest rates on auto loans are much higher with bad credit compared to an auto loan with good credit. Many times a person with bad credit will receive an interest rate of 18% and up.
Are cash advance loans a good idea for someone with bad credit?
No the interest rate is to high.
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 the role of interest rate in economic and what the good and bad effect of interest rate.?
what's effect on plabmid when gene of interest large size
How can interest rate help indicate the health of a countrys economy?
The risk of a nation is based on the interest rate...high rate bad health of country economy, low interest rate better situation
What does a lower interest rate mean for savers?
It means that they are getting less money for deferring expenditure and saving instead. However, it is not the low nominal interest rates which matter but what the "real" interest rates are. This is the difference between the nominal interest rate and the rate of inflation. An interest rate of 2% when inflation is 0% is good news for savers but an inflation rate even as high as 10% is bad news if inflation is higher than 10%.
Is the interest rate high for asda loans?
ASDA loans are divided into two categories based on the amount borrowed. These categories are Little Loans and Personal Loans. The average interest rate is about 8% which is not bad but interest rates can be as high as 15% and more.
What is the interest rate on a Walmart Discover card?
"The interest rate on a Wal Mart Discover card is 4.7 percent. Which is not a bad rate, it is a little bit high but at the same time it is the lowest in the credit world."
How can interest be both good and bad?
Interest can be both good and bad depending on the context and the rate applied. Good interest, such as on savings accounts or investments, can help individuals grow their wealth over time. Conversely, high-interest rates on loans or credit can lead to overwhelming debt and financial strain. Therefore, while interest can incentivize saving and investment, it can also contribute to financial hardship if not managed wisely.
If you have bad credit does having a cosigner with good credit on the loan lower your interest rate?
No. You are considered the primary debtor and therefore the interest rate would depend on your credit history.
What are some poor credit credit cards?
Many people would consider most credit cards bad, however, if you are careful, they can be quite useful. Some of the bad ones have high interest rates. Capital One has an average interest rate of 19.9% which is extremely high, where most people would consider that a bad credit card. Also, a credit card with a high interest rate and no rewards is another example of a bad credit card.
Is having high phone line rate a good thing or a bad thing?
Uh, it's bad.
How does the interest rate for a bad credit debt consolidation loan differ from a regular small bank loan?
The interest rate for a bad credit debt consolidation loan differs from a regular small bank loan because the interest rate for the bad credit debt consolidation loan would be higher. The rate would be higher due to the fact that the one receiving the loan would pose a risk because they have bad credit and obviously had not been good with payments or something in the past. The regular small bank loan would be for those who have good credit, so the interest rate would be normal or lower.
