Sentences with phrase «with effective annual percentage rates»

This is an affordable short - term financing program, with effective annual percentage rates (APRs) of 12 % and below.

Not exact matches

The annual percentage rate (APR) is variable and based on the Prime Rate plus 4.00 % as published in the Wall Street Journal as of the last business day of the month effective with the first business day of the following morate (APR) is variable and based on the Prime Rate plus 4.00 % as published in the Wall Street Journal as of the last business day of the month effective with the first business day of the following moRate plus 4.00 % as published in the Wall Street Journal as of the last business day of the month effective with the first business day of the following month.

Annual Percentage Rate (APR) for non-new-to-the-bank borrowers is variable and based on the Prime Rate minus.51 % for 1 - 4 family owner occupied / second homes and Prime Rate plus 1.00 % for non-owner occupied 1 - 4 family homes as published in the Wall Street Journal as of the last business day of the month effective with the first day of the following month.

If it is a 3 % balance transfer interest rate for six months with a 4 % balance transfer check fee then the effective annual percentage rate is 10 % which could be more than the interest rate you're already paying.

Effective June 19, 1996, an existing precomputed consumer credit transaction contract and a subsequent precomputed consumer credit transaction document may be consolidated provided that the consumer can not be required to consolidate the contracts as a condition for the extension of credit nor can the creditor be required to extend credit; and provided further, that if such contracts are consolidated, the annual percentage rate resulting from the consolidation can be no greater than the annual percentage rate on the prior existing consumer credit transaction contract nor can the consumer be charged any duplicate fees or expenses that originated in the existing consumer credit transaction contract, provided, however, that finance charges and other charges and fees rebated in accordance with applicable law and those charges as permitted by Section 5 -19-4 (f) and UCC filing fees or nonfiling insurance premiums in lieu thereof are excluded from this provision.

Annual percentage rate (APR) and effective annual rate or annual equivalent rate (AER) are used to help consumers compare products with different payment structures on a common Annual percentage rate (APR) and effective annual rate or annual equivalent rate (AER) are used to help consumers compare products with different payment structures on a common annual rate or annual equivalent rate (AER) are used to help consumers compare products with different payment structures on a common annual equivalent rate (AER) are used to help consumers compare products with different payment structures on a common basis.

The annual percentage rate, usually shown next to the advertised and called «APR», or nominal, interest rate, is always higher than the actual, or effective, loan interest rate because it annualizes the fees and costs associated with the loan.

If the usury limit is 10 % and 9 % is the note rate, but 4 points are charged, the points are deducted from the loan amount advanced and that amount is computed over the term with the original payment required to be paid and the effective interest rate is then computed, the annual percentage rate, which will be higher than the note rate in this case.