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What is the range of interest charged when receiving a quick inheritance cash advance?
It doesn't work on interest payments. Check the FAQ here http://www.estatefinance.com/q&a.htm
Why is my interest higher than my principal in my loan payments?
Your interest is higher than your principal in your loan payments because the interest is calculated as a percentage of the remaining balance of the loan. In the beginning, the balance is higher, so the interest amount is also higher. As you make payments, the balance decreases, resulting in less interest being charged over time.
What is interest rate on matured unpaid amounts?
Any payments you didn't make are due on maturity date and will be charged with whatever %interest that clause states.
Anika magerhans would like to borrow 2000.00 for 60 days the bank charges ordinary interest of 30.00 what is the interest rate charged?
Well assuming it is compounded monthly then the total interest rate charged will be 3.765%. The total interest paid will be $75.30. There will be two payments of $1037.65.
Do you get charged interest on your statement balance or current balance?
Interest is typically charged on the statement balance, which is the amount you owe at the end of the billing cycle. The current balance includes new charges and payments made after the statement is issued.
How does paying off principal affect monthly payments?
Paying off principal reduces the amount you owe, which can lower your monthly payments by decreasing the interest charged on the remaining balance.
Why is more interest charged at the beginning of a loan?
The interest is based on the amount owed, therefore as payments are made the balance drops as does the interest amount (not the rate). So the interest is higher at the begining, because more money is owed at the begining.
What interest rates are charged to people with bad credit at payday advance companies?
People with bad credit sometimes turn to payday loans at payday advance companies. These loans can have exorbitant interest rates, sometimes being as much as 400% APR.
What is the difference between the purchase APR and cash advance APR on a credit card?
The purchase APR is the interest rate charged on purchases made with a credit card, while the cash advance APR is the interest rate charged on cash withdrawals made using the credit card. The cash advance APR is typically higher than the purchase APR and may also incur additional fees.
What are the benefits of 0 APR credit cards and how can they help me save money on interest payments?
0 APR credit cards offer a period of time where no interest is charged on purchases or balance transfers. This can help you save money on interest payments by allowing you to pay off your balance without accruing additional interest charges during the promotional period.
What would be the monthly payments on a car finance of 32000 be over 4 years?
The amount for monthly payments on a car financed for $32,000 for 4 years will depend on the rate of interest that is charged. Banks might charge more interest to a person that has good but not excellent credit history.
Can interest be charged on child support interest?
No... this is illegal..(Federal).....no intrest can be charged on owed interest.
