Thursday, July 19th 2018

Question

How much interest will i pay on a loan?

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17th Nov 2009 by Gary

Interest on loans are determined by a number of factors, including your credit rating, how much money you put down, and the competitive interest rates offered by other financial institutions. Other factors are the duration of time you want the loan for and what the collateral is backing it up. So add up all that together and interest rates will fluctuate based on putting it altogether and basing the offered interest rate upon that.

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11th Nov 2009 In Finance 1 Answers | 406 Views

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