The Rule of 78’s sounds like a sort rule that you would come across in a game of cards, but this rule is often used in the loan industry. It is also commonly referred to as the Sum-of-the-digits or figuring prepayment penalties on pre-computed car loans. What is the […]
Finance Advice
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If you haven’t been paying your bills, you can pretty much guarantee that you’ll be hearing from the dreaded debt collector. Debt collectors are people, other than creditors, who try to collect debts owed to a third party. Lawyers on occasion may also participate in collecting debt. However, when it […]
If you have been considering getting a new automobile, one of the things that is going to need to take place is for a car loan to be acquired. In order for you to be able to do this successfully, there are a few steps that need to be taken. […]