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What is the total amount a borrower must pay for a loans including interest and fees?

A: It depends on the loan company. Ask them & they should tell you.-->The total amount a borrower must pay for loans (including interest and fees) is the Finance Charge.


How can I determine the total amount of student loans that I currently owe?

To determine the total amount of student loans you owe, you can contact your loan servicer or log in to your account on the National Student Loan Data System (NSLDS) website. This will provide you with a comprehensive overview of all your federal student loans and their current balances. Additionally, you can review any private student loan statements you may have to account for all your outstanding loan amounts.


What is the interest rate on the sbi personal loan?

SBI (State Bank of India) offers personal loans as one of their products. The interest rate on a personal loan from SBI (State Bank of India) depends on the applicants credit, amount borrowed, and collateral. Personal loans are calculated at a 9.75% base interest rate.


Is 50k in student loans considered a significant amount?

Yes, 50,000 in student loans is generally considered a significant amount of debt for most individuals.


Which ststement about installment loans is not true?

One statement about installment loans that is not true is that they do not require regular payments. In reality, installment loans require borrowers to make fixed payments over a set period until the loan is fully repaid. Additionally, installment loans typically come with a predetermined interest rate, which means that the total repayment amount is known upfront.

Related Questions

What is the total amount a borrower must pay for a loans including interest and fees?

A: It depends on the loan company. Ask them & they should tell you.-->The total amount a borrower must pay for loans (including interest and fees) is the Finance Charge.


What is the total amount of McDonalds restaurants in India?

59789


How calculat npl Coverage Ratio?

The NPL coverage ratio is calculated by taking a the total number of non-performing loans and dividing them the total amount of all loans withing a financial entity. Non-performing loans are defined as loans that have been delinquent for over ninety days.


What is the formula for non performing ratio?

The formula for non-performing ratio (NPR) is the total amount of non-performing loans divided by the total amount of loans. It is used to measure the percentage of loans in a financial institution that are not being repaid as agreed. High NPR values may indicate a higher risk of financial instability for the institution.


How much can be taken for school loans from your tax return?

They can take it all, up to the total amount you owe.


Can the federal government garnish the total amount of your social security check?

For unpaid taxes and unpaid student loans, yes.


What are some examples of loans you can apply for with Citibank India?

Home loans, personal loans, and ready credit loans are available through Citibank India. Just visit their website, fill in the quick form and a representative will be happy to assist you.


How do you calculate gross npa?

Gross Non-Performing Assets (GNPA) are calculated by identifying loans and advances that have not been repaid for a specified period, typically 90 days or more. To compute GNPA, sum the total outstanding amount of all these delinquent loans and divide by the total amount of loans and advances. The resulting figure indicates the proportion of non-performing assets relative to the total loan portfolio, providing insight into the financial health of a lending institution.


Which continent produces the largest total amount of rice?

The continent of Asia produces the largest total amount of rice. China, India, and Indonesia are the world's top three rice producers.


How can I determine the total amount of student loans that I currently owe?

To determine the total amount of student loans you owe, you can contact your loan servicer or log in to your account on the National Student Loan Data System (NSLDS) website. This will provide you with a comprehensive overview of all your federal student loans and their current balances. Additionally, you can review any private student loan statements you may have to account for all your outstanding loan amounts.


What is the interest rate on the sbi personal loan?

SBI (State Bank of India) offers personal loans as one of their products. The interest rate on a personal loan from SBI (State Bank of India) depends on the applicants credit, amount borrowed, and collateral. Personal loans are calculated at a 9.75% base interest rate.


Is 50k in student loans considered a significant amount?

Yes, 50,000 in student loans is generally considered a significant amount of debt for most individuals.