Archive for the ‘Credit’ Category
Monday, February 8th, 2010
marbledog asked: 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? ...
Posted in Credit | 3 Comments »
Saturday, April 12th, 2008
Chelsea B asked: We are filing a Chapter 7 bankruptcy, and it is due to be discharged by May. How long after that can we finance a car for a decent rate?
Posted in Credit | 3 Comments »
Friday, April 11th, 2008
timmyliao2001 asked: 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. ...
Posted in Credit | 2 Comments »
Sunday, March 30th, 2008
X-Malleus asked: Pretty much exactly what the main question says. I have no idea what a "finance charge" is. For instance, would I be charged a finance charge if I charged a purchase, and then paid the balance immediately?
Any additional information that could be given ...
Posted in Credit | 1 Comment »
Thursday, March 20th, 2008
lucky asked: What happens if a finance company never repossesses a vehicle that has been discharged in bankruptcy? No payments have been made in 14 months...Bankruptcy discharged in June of this year. Finance company has our current address and phone number.
Posted in Credit | 2 Comments »