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What is the average interest rate on a short term loan with great credit?
The average interest rate on a short term loan is 4.5% if you have great credit. You may need to shop around to find this, but you'll be able to.
How do you calculate how much you will pay in interest on a loan or credit card?
To calculate the interest on a loan or credit card, you multiply the interest rate by the amount borrowed and the length of time the money is borrowed for. This will give you the total amount of interest you will pay over the loan or credit card term.
What does the term "credit card APR" mean?
The term "credit card APR" stands for Annual Percentage Rate, which is the interest rate charged on any outstanding balance on a credit card over the course of a year.
What does the term "credit means" refer to in the context of financial transactions?
In financial transactions, the term "credit" refers to the ability to borrow money or obtain goods or services with the promise to pay for them later.
What is the best interest rate you can get on fixed rate mortgage?
fixed rate mortgages vary, it depends on your credit history and your credit score. if you have bankruptcy or foreclosures or repossessions on your credit report you will be charge a higher interest rate, it also depends on the term of your loan,
What is the average interest rate on a short term loan with great credit?
The average interest rate on a short term loan is 4.5% if you have great credit. You may need to shop around to find this, but you'll be able to.
How do you calculate how much you will pay in interest on a loan or credit card?
To calculate the interest on a loan or credit card, you multiply the interest rate by the amount borrowed and the length of time the money is borrowed for. This will give you the total amount of interest you will pay over the loan or credit card term.
What does the term variable interest entity refer to?
The term variable interest entity refers to when an investor obtains less than a majority owned interest. A variable interest entity is subject to consolidation if certain conditions exist.
What does the term "credit card APR" mean?
The term "credit card APR" stands for Annual Percentage Rate, which is the interest rate charged on any outstanding balance on a credit card over the course of a year.
What does the term "credit means" refer to in the context of financial transactions?
In financial transactions, the term "credit" refers to the ability to borrow money or obtain goods or services with the promise to pay for them later.
Which description defines the term APR?
it is the yearly rate of interest that you pay for credit card use.
What is the best interest rate you can get on fixed rate mortgage?
fixed rate mortgages vary, it depends on your credit history and your credit score. if you have bankruptcy or foreclosures or repossessions on your credit report you will be charge a higher interest rate, it also depends on the term of your loan,
What is a term that refer to the fee a lender charges the borrower for lending money?
The fee is known as charging interest.
Is it dumb to pay high interest rates?
The interest rate you will pay will be a function of the following:The type of debt (mortgage, credit card)Your credit ratingThe term of the debtIn this regard, credit card interest is usually one of the worst. If you are going to have an unpaid balamnce, you are probably better off with a personal loan.
What is usery laws?
Laws governing the writing of bad checks. usury has to do with interest rates, used to refer to excessively high interest rates. uttering is a term that some states use to refer to bad check statutes.
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.
Can you explain what the term "credit card APR" means?
The term "credit card APR" stands for Annual Percentage Rate, which is the interest rate charged on any outstanding balance on a credit card. It represents the cost of borrowing money through the credit card and is expressed as a yearly percentage.
