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The amount of interest a store charges a customer for buying on the installment plan?

Finance charge


What is the highest legal interest rate for a car loan?

what is the highest interest rate a car dealer can charge on an auto loan in sc?


Where can I apply for installment loans online?

Several Companies offer Installment Loans online without Credit Checks and even with Bad Credit. The major thing to look at with Installment Loan Companies is how much Interest they are going to charge on the Loan, some charge up to 300 percent, so if they lend you $300, you could end up owing them $900.


What is the difference among credit plans such as revolving charge 90 day and installment account and interest free credit plans?

Your mom is the instalment of something that i have no idea what it is.


How do regualer revolving and installment charge account differ?

Regular revolving charge accounts allow consumers to borrow up to a certain limit and carry a balance from month to month, making minimum payments while accruing interest on the remaining balance. In contrast, installment charge accounts provide a fixed loan amount that is repaid in scheduled installments over a set period, typically with no interest if paid on time. While revolving accounts offer flexibility in repayment, installment accounts require a structured payment plan. Additionally, revolving accounts are often tied to credit cards, whereas installment accounts are commonly associated with loans for specific purchases.


What lender would most likely charge you the highest interest rate on your loan?

finance company


What interest rate does a moneylender charge for lending you money?

The highest rate that they can get away with. There are legal limits, and if they charge too much, no one will do business with them.


What is the highest rate of interest a Homeowners Association can charge for late payments in the State of Florida?

Florida's usury laws cap interest on 'loans' less than US$500,000 at 18%.


Is the annual interest rate the same as simple interest?

Usually no. Most institutions charge (and pay) compound interest, NOT simple interest.Usually no. Most institutions charge (and pay) compound interest, NOT simple interest.Usually no. Most institutions charge (and pay) compound interest, NOT simple interest.Usually no. Most institutions charge (and pay) compound interest, NOT simple interest.


How much can payday lenders can charge up to in interest?

payday lenders can charge up to what interest


Payday lenders can charge up to how much interest?

payday lenders can charge up to what interest


What is the highest interest a homeowners association can charge for late payments in the state of Georgia?

Your governing documents, specifically your Collections Resolution, states specifically how late payments are penalized. If no answer is available in your governing documents, you may rely on your state's Usury Laws, if any exist. Bottom line is this: penalties for late payments must be 'reasonable'.