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Secured loans typically have the lowest interest rate charges because they are backed by collateral, reducing the lender's risk. This collateral can take the form of property, vehicles, or savings accounts. As a result, lenders often offer more favorable terms, including lower interest rates, compared to unsecured loans, which carry higher risks for the lender.
What else can I help you with?
What is determined when trying to get lowest interest rate for a auto loan?
Generally your credit score and report will determine what kind of rate you will be able to get. Do your research and know what you can qualify for.
How can you obtain the lowest interest rates on your home loan?
The best way is to shop around for home loans. This is done by going to about 4 to 5 banks you know and trust and ask each one what kind of loan they give and what their interest rate is. From there you just compare the banks.
What kind of expense is bank charges?
indirect exp
What kind of interest works against you if you borrow money?
compound interest
What kind of taxes are charged on the principal of student loans?
AnswerThere are no taxes on the principal of any loan, student or otherwise.In fact, there are no taxes on the payor of interest on a loan, student or otherwise. (The receipient of interest has taxable income of the amount earned).The interest paid on a loan secured by ones residence, are generally, deductible (the opposite of paying taxes)..
What is determined when trying to get lowest interest rate for a auto loan?
Generally your credit score and report will determine what kind of rate you will be able to get. Do your research and know what you can qualify for.
How do you recover qab charges from icici bank?
There is actually no way you can recover your QAB charges.....I have suffered from the same problem, I have tried absolutely everything and never got my money back. I finally closed my account at ICICI and opened an account in IDBI Bank.....they don't have these kind of charges and they give the same amount of interest.
How can you obtain the lowest interest rates on your home loan?
The best way is to shop around for home loans. This is done by going to about 4 to 5 banks you know and trust and ask each one what kind of loan they give and what their interest rate is. From there you just compare the banks.
What kind of animal charges?
My answer is bees, i think
Can you still be a police officer if you have truancy tickets?
It depends on the policies and/or guidelines of the police department doing the hiring. Generally, these kind of charges will not prevent a police department from being able to hire you.
What kind of interest is paid on the deposit plus accumulated interest from period to period?
A Compound interest !
What is the lowest number you can get when two dice are rolled?
The lowest number will be obtained by getting lowest number on both of the dice if its a 6 sided dice (normal kind) then the lowest will be 2
What kind of expense is bank charges?
indirect exp
What kind of interest works against you if you borrow money?
compound interest
A labor union is what kind of interest group?
Economic interest group
Which kind of EM wave has he lowest energy?
Radio waves have the lowest energy among the electromagnetic spectrum.
What kind of vessel has the lowest blood pressure?
veins
