0
Yes, because it's money they borrowed you. It's the interest rates that in the end are going to tap your pocket. Most have a 200% APR interest rate.
If you borrowed $800, at 200% APR, that's 16.67% per month. Let's say you fail to pay it back for 6 months.
$800 x 16.67% x 6 = 800.16 + 800 = 1600.16.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
How does a no closing cost mortgage work?
Five-Star-Mortgage dot com in Henderson, NV. carries free closing costs mortgages for the following: Reverse mortgage Conventional mortgage VA loan FHA loans And are currently licensed in NV, CA, WA, OR, UT, AZ, HI, and FL to process mortgage loans. Hope this can help those looking to save a lot of money
Is there a Wells Fargo bank in Sedona AZ?
There are two Wells Fargo banks in Sedona, AZ. One is at Coffee Pot & Highway 89A, the other at Sedona.
Where can I get a medallion signature guarantee in Scottsdale AZ?
Chase
How can one refinance a mortgage with no closing costs?
Five-Star-Mortgage dot com in Henderson, NV. carries free closing costs mortgages for the following: Reverse mortgage Conventional mortgage VA loan FHA loans And are currently licensed in NV, CA, WA, OR, UT, AZ, HI, and FL to process mortgage loans. Hope this can help those looking to save a lot of money
Where can someone get a mortgage with no closing costs?
Five-Star-Mortgage dot com in Henderson, NV. carries free closing costs mortgages for the following: Reverse mortgage Conventional mortgage VA loan FHA loans And are currently licensed in NV, CA, WA, OR, UT, AZ, HI, and FL to process mortgage loans. Hope this can help those looking to save a lot of money
When is an arrest warrant issued in Mesa AZ for unpaid fines?
In most cases, the arrest warrant will be issued in Mesa, AZ for unpaid fines the day after they are due. A person can call the courthouse and ask for an extension in paying the fines.
Can a child become emancipated in Arizona?
They have the right to establish their own residence, consent to their own medical care, apply for loans, enter into a contract, to sue or be sued, etc. They do not have the right to do things which are restricted by age-for example, drink, vote, have sex (the age of sexual consent in AZ is 18), etc. Emancipation in AZ (or any state for that matter) is very difficult to obtain.
Where can you get a auto title loans in Phoenix AZ?
you can find title loans at 1 stop title loan stores ...they have a good special right now too you can get $500 loan for only $25 and its a 30 day loan too...real good.
How long is the statute of limitations on a parking ticket in Phoenix AZ?
Arizona, and for that matter, no state, has a statute of limitations on a ticket. The ticket serves as notice of the violation. Once issued, the state can determine whether they declare an amnesty for unpaid tickets.
How from is Overgaard AZ to Phoenix AZ?
From Overgaard, Az. to Phoenix, Az. 138 miles.
What is the halfway point between Mesa AZ and Avondale AZ?
Phoenix, AZ.
What is AZ's?
AZ is an abbreviation for Arizona.
How many miles is scottsdale AZ from Phoenix AZ?
It is about 23.5 miles from Scottsdale,AZ to Phoenix,AZ
Miles from Marana AZ to Phoenix AZ?
how far is it from phoenix to marana AZ
Can you sue your husbands mistress in AZ?
Your husband's mistress does not have a contract with you. Rather, she is a citizen who was no doubt told by your husband that he was leaving you. If anyone had a suit, she might have one against him. For that matter, you have one against him, also. A divorce is a civil suit.
What is the shortest route from Yuma AZ to Mesa AZ?
I-8 to exit 115 (AZ-85) to AZ-238 East to AZ-347 North to I-10 West to US-60 East
Where can one find a list of foreclosure homes in Arizona?
One can find a list of foreclosure homes in Arizona from the following sites; Bank of America Home Loans and mortgage's Arizona foreclosure, Phoenix, AZ foreclosures, and Ushud site.
