Bank Loan and EMI Accounting in Tally ERP 9 with GST Part-64|Loan installment Entry| EMI Calculation
Learn Bank Loan and EMI Accounting Entries in Tally ERP 9 with GST, how to post Loan installment Entry, how to calculate Loan EMI in Excel and post journal ...
On the Money: Car loan? Here's what your dealer isn't telling you
What you see is not always you get as car dealers can sometimes be deceptive in disclosing the full terms of an auto loan. Subscribe to the ABS-CBN News ...
For most people, a car is a necessity, not an option, and when one falls apart it needs to be replaced. Given that even used cars tend to start around the $14,000 mark, replacing your old vehicle often means taking on an auto loan.Similar to personal loans, auto loans are installment loans.
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The APR on short term online loans varies from 40% to 2,290% depending on lender and how the interest rate is calculated, the duration and amount of loan, late and non-payment fees, and other possible fees and factors.
Preclosure fee = 4% of principal outstanding (plus applicable tax) in 2nd year.. Part-payments can be made only after completion of 12 months. For part payments between 13 to 24 months, a fee of 4% is applicable on the part-payment amount. 3% is applicable on payments made between 25 to 36 months. 2% is applicable post 36 months.