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Charging the previous balance

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10y ago
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9y ago

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Q: What methods has the highest finance charge?
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Which of these methods has the highest finance charge charging a flat rate fee charging the unpaid balance charging the previous balance charging the average daily balance?

Charging the previous balance


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

finance company


What is a finance charge?

A finance charge is interest charged by a lender on the unpaid balance of a loan.


What is finance charge?

A finance charge is interest charged by a lender on the unpaid balance of a loan.


Calculate the average daily balance and finance charge?

Calculate the average balance and finance charge


What is the difference between a service charge and a finance charge?

A service charge is typically a charge for a specific action that a company performs on an account or an order. A finance charge is an amount of interest that is charged on an amount of principal owed by a customer.


Who is the Minister-Delegate to the Minister of Finance in Charge of the Budget for Algeria?

Hadji Baba Ammi is the Minister-Delegate to the Minister of Finance in Charge of the Budget for Algeria.


Can a company that is not a finance company charge interest and finance charges to someone it has lent money?

Yes.


What is mean by 2nd pari passu charge?

Parri Passu charge in terms of finance is equal charge on borrower, especially incase of default/bankruptcy Parri Passu charge in terms of finance is equal charge on borrower, especially incase of default/bankruptcy


Is there a minimum finance charge on the master card?

Minimum Finance charges have nothing to do with MasterCard and everything to do with your Financial Institution. Example of Financial Institution "US Bank". Any Credit Card, regardless of type, is going to have a minimum finance charge. You can find out how much the charge is by reading your Card member agreement. You can avoid interest or the minimum finance charge by paying the full balance on you credit card bill.


The dollar amount that is paid for the credit?

finance charge


How does a company calculate the finance charge on a mobile trailer?

i need to know how a calculation of finance charge was figured out. it is a original loan at 18,084 for 12 yrs at 5.75% interest.