Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How are the interest charges calculated?

calculated Charges
0
Posted

How are the interest charges calculated?

0

All loans with CEFCU are simple interest loans. This means that the interest accures and is calculated on the unpaid principal balance from the date of the last payment.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123