Margin — This is basically
extra interest charged by the lender.
Not exact matches
If Bank # 1 needs a few billion dollars for
interest payments tomorrow and Bank # 2 has an
extra few billion dollars in cash, they can lend the funds to Bank # 1 and
charge the rate set
by the Fed for
interest.
But thanks to a policy switch made final last week,
charging extra interest payments on loans insured
by the Federal Housing Administration will soon be banned.
Credit card companies in some countries have been accused
by consumer organisations of lending at usurious
interest rates and making money out of frivolous «
extra charges».
Delayed payment can lead to
extra charges; the rate of
interest charged by banks on unpaid dues is 36 % per annum.
I thought the government was starting to punish people who invested
by claiming all their
interest gains, and then
charging them an
extra 2.3 %
Interest will be charged during the payment break and your overall loan period will be extended by two months, which means that you will pay an extra two months» i
Interest will be
charged during the payment break and your overall loan period will be extended
by two months, which means that you will pay an
extra two months»
interestinterest.
If Bank # 1 needs a few billion dollars for
interest payments tomorrow and Bank # 2 has an
extra few billion dollars in cash, they can lend the funds to Bank # 1 and
charge the rate set
by the Fed for
interest.