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Showing results for tags 'Interest'.
Found 4 results
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Please visit IFAP for Direct Loan Interest Rates for loans first disbursed on or after July 1, 2014 and June 30, 2015: http://ifap.ed.gov/eannouncements/051514IntRatesForDLFirstDisbBtwnJuly12014June302015.html
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Hi all... there was a site that listed what the cap amount of interest could be charged per loan - does anyone know what the site is? It listed personal, pay day, auto, etc. I'm looking for California specifically.
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Basically, I'm trying to work out the ins and outs of how the payments will impact my budget, so, I was going to start out paying a smaller amount and work up to the full payments by the time my forebearance runs out in May. Does anyone know if I can do this without ENDING my forebearance and being required to make full payments out the gate? Trying to set myself up for success here. Thanks! PS: Can I direct that all payments be applied to the principle?
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How is interest accrued on charged off debt acquired by JDBs? I know in California, the rate is 10%. But when they buy the bad debts, it already has late fees included. So, when the JDB makes the purchase, they are just getting the total amount, not necessarily which part are actual purchases and which parts are late fees. So, does that matter on how they add interest? I guess the better way to ask is, can JDBs charge interest on the portion of the bad debt that was strictly late fees? On a different topic, I see posts that has emoticons. How do I add them in my posts?
