Sentences with phrase «set percentage of the loan amount»
Some loan companies will also help build your savings, specifically through installment loans, by depositing a set percentage of your loan amount into an account if paid off in full and on time.
https://wiseloan.com/ Not exact matches
Minimum payments on credit card balances are far lower than monthly repayment obligations on personal loans, as they are calculated as either a set dollar amount or a percentage of the balance due.
An origination fee is a set percentage of the amount you borrow that is charged when you take out your loan.
Some states set very strict limits on the amount of money people can borrow through any payday loan lender while others impose limits on the annual percentage rate that lenders can charge.
The fee is typically set up as a percentage of the loan amount (i.e. a 1 point origination fee is equal to 1 % of the loan amount).