I read this news above, and found this expression, but i do not know what is it exactly
Another 13 foreign financial groups have notified the NBR (National Bank of Romania) in November about their intention to provide services directly on the Romanian market, based on the European Financial Passport. The total number of financial groups offering direct services has climbed to 105 at present. In November, banks, as well as leasing and factoring players have announced their entry onto the local market. The French group BNP Paribas has submitted a notification for its leasing…
tiptrik
I’m starting a small business, and I would like to offer financing to my customers, but I’m unsure of how to calculate monthly finance charges based on APR.
For instance, if I financed $700 at 20% APR over 24 months, how would I calculate a customer’s monthly bill?
Any help is appreciated! Thanks.
Dovi
Here is the deal. I kind of got taken from a shady Persian gentlemen who did the financing for me at my local Honda dealership. So he got me for a higher interest rate, lied to me so I would purchase stuff like extended warranty and gap insurance. My question is this: Based on my original loan the total loan amount of my interest would have been like $12,000 spread out over six years. But I went ahead and paid a large portion of that down and refinanced with a third party – therefore reducing the total interest to something like
$3500 over four years. So here is my question. Does this dishonest finance guy at the dealership get a cut of the original $12,000 and get his money up front? Or will he only get a cut of the total amount of interest I paid on the original loan which was about $1300? I want to know if by refinancing through some other lender if I took money away from him that he was expecting would come to him based on the terms of the original loan?
OBAMAFORUS
I just graduated from school and my credits awful, will they give me a break and not deny me employment because of my age and recent graduation?
GIFT