A secured personal loan of 2,500 with a 24 month term has a maximum total cost of credit, including all applicable fees, of 1,617. 43 which equates to a maximum Annual Cost Rate (ACR) of 48.
00 and a maximum Comparison Rate of 66. For personal loans, there is a minimum loan repayment period of 6 months and maximum loan repayment period of 24 months. A secured Car Loan of 10,000 with a 36 month term has a maximum personal loan company in chennai cost of credit, including all applicable fees, of 8,940.
50, which equates to a maximum ACR of 48.
Detail. hidden pswidZ7_F000GOBS2O6440A0P50QJC2Q45 urilewcm3Apath3Adcacontentdcasitehomeyour moneyowningacartipsheetcartitleloans Neiger, Christopher. Why car title loans are a bad idea 2009. Accessed January 27, 2016. https:www. cnn. com2008LIVINGwayoflife1008aa. car. title. loansindex.
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