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Wednesday, May 26, 2010

I have applied for a loan theyhave informed that the rate of interest is 25.01% flat. How to calcula

When i want to preclose this issue, they are showing different figures. they are projecting one figure to customer and having records for different way. how they are calculating



The EMI is 2917.00 fOR 36 MONTHS for Rs.60000/-



rate of interest @25.01% flat



if this is the case what is interest %26amp; what is the principal amount.



I have applied for a loan theyhave informed that the rate of interest is 25.01% flat. How to calculate?

This is fleecing !!!



I have applied for a loan theyhave informed that the rate of interest is 25.01% flat. How to calculate?

25% interest!!! OMG!!! run away quickly - and don't look back! Way too high unless your credit is totally shot.



I have applied for a loan theyhave informed that the rate of interest is 25.01% flat. How to calculate?

www.bankrate.com



There are calculators, to help you figure out the numbers.

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